plz answer all parts within 30 minutes Wesley Utility Company uses 2,500 units per yearwhich it stores at $0.50 per unit per annum. The costto place an order is $100.a) Calculate:i. The economic order quantity (EOQ)b) If the company decides to make the items on itsown machine with a potential capacity of 5,000 unitsper year,calculate:i. The economic order quantity (EOQ)ii. The annual ordering costiii. The annual carrying cost

Given data Annual demand (D) = 2500 units Ordering cost (S) = $100 Holding cost (H) = $0.5

Answered: Wesley Utility Company uses 2,500 units…

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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