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You must show all of your calculations to obtain marks for each question. 1. Annual Demand is 450 units. The cost to place an order

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You must show all of your calculations to obtain marks for each question. 1. Annual Demand is 450 units. The cost to place an order is $80 and holding cost is 25% per year of the cost of the item. The supplier has just submitted the following cost schedule to you. Quantity EOQ Feasible? 1 to 50 51-100 Over 100 III a} Calculate the E00. for each Price. Determine which are feasible. Fill in above. {6) b) Is the EDQfor the lowest unit price feasible? If not, compare total cost at all break quantities larger than the feasible EOQ. {3) c] What decision would you make? (2)

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