Use the givens provided below to solve this problem. Annual…

Use the givens provided below to solve this problem. Annual demand = 4000 Holding cost = 40% of unit cost Present lot size = 500 Unit cost = $200 per unit Ordering cost = $900 per order This company will no longer use their present lot size.  The company is switching to EOQ.  Calculate the average inventory if the company used the EOQ as their lot size. Choose the closest answer.

Use the givens provided below to answer this question.  At w…

Use the givens provided below to answer this question.  At which lot size is the annual holding costs equal to annual ordering cost.  Choose the closest answer. Holding cost = 15% of the unit cost Unit cost = $100 Ordering cost = $400 Annual demand = 45,000 Present lot size = 750

Using the givens provided below, find the lot size at which…

Using the givens provided below, find the lot size at which annual holding costs would be equal to annual ordering cost.  Choose the closest answer. Annual demand = 5000 Unit cost = $50 Ordering cost = $200 Holding cost = $20 per unit Present lot size = 500