Homework Answers
Answer a= Weekly holding cost=
Inventory holding cost h = 0.15*$120/50 =$0.36 /week
Anwer b= EOQ= (2*D*S/H)0.5
In the question, D=45 cases S=$290, H=$0.36
EOQ= (2*45*290/0.36)0.5
EOQ=269.25 cases per order
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