If D = 7,700 per month, S =$42 per order, and H = $2.00 per unit per month, a) What is the economic order quantity? The EOQ is enter your response here units (round your response to the nearest whole number). b) How does your answer change if the holding cost doubles? The EOQ is enter your response here units (round your response to the nearest whole number). c) What if the holding cost drops in half? The EOQ is enter your response here units (round your response to the nearest whole number).
If D = 7,700 per month, S =$42 per order, and H = $2.00 per unit per month, a) What is the economic order quantity? The EOQ is enter your response here units (round your response to the nearest whole number). b) How does your answer change if the holding cost doubles? The EOQ is enter your response here units (round your response to the nearest whole number). c) What if the holding cost drops in half? The EOQ is enter your response here units (round your response to the nearest whole number).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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If D = 7,700 per month, S =$42 per order, and H = $2.00
per unit per month,
per unit per month,
a) What is the economic order quantity?
The EOQ is
enter your response here
units (round your response to the nearest whole number).b) How does your answer change if the holding cost doubles?
The EOQ is
enter your response here
units (round your response to the nearest whole number).c) What if the holding cost drops in half?
The EOQ is
enter your response here
units (round your response to the nearest whole number).Expert Solution
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