1. a. Determine an A-B-C classification for these items: Item Unit Cost Annual Volume (00) $100 25 80 30 3. 15 60 4. 50 10 5. 11 70 6. 60 85 7 10 60 b. Find the EOQ given this information: D = 4,500 units/year, S $36, and H=$10 per unit per year. c. Find the economic production quantity given this information. D= 18,000 units/year, S $100, H = $40 per unit per year, p = 120 units per day, and u = 90 units/day
1. a. Determine an A-B-C classification for these items: Item Unit Cost Annual Volume (00) $100 25 80 30 3. 15 60 4. 50 10 5. 11 70 6. 60 85 7 10 60 b. Find the EOQ given this information: D = 4,500 units/year, S $36, and H=$10 per unit per year. c. Find the economic production quantity given this information. D= 18,000 units/year, S $100, H = $40 per unit per year, p = 120 units per day, and u = 90 units/day
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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help please, please show the work and answers only in excel please send screenshot of excel

Transcribed Image Text:1. a. Determine an A-B-C classification for these items:
Item
Unit Cost
Annual Volume (00)
1
$100
25
80
30
15
60
50
10
11
70
60
85
10
60
b. Find the EOQ given this information: D = 4,500 units/year, S= $36, and H= $10 per unit per year.
%3D
c. Find the economic production quantity given this information.
D= 18,000 units/year, S = $100, H = $40 per unit per year, p = 120 units per day,
and u = 90 units/day
Hom cample
2.
4567
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Inventory management is the management in which products are stored, and sell in the market including raw material as well as finished products.
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