If monthly demand is 1,000 units, the ordering cost is $20 per order, and the holding cost is $1.50 per unit per year, which of the following is the optimal order quantity using EOQ model?

A company's annual demand for a certain material is 6,000 units. The ordering cost is $150 per order, and the holding cost is $5 per unit per year. What is the Economic Order Quantity (EOQ)?Question 10Answera.300 unitsb.400 unitsc.500 unitsd.600 units

Given an Economic Order Quantity (EOQ) of 600 units, an annual demand of 25,000 units, an ordering cost of $40 per order, and a holding cost of $1.50 per unit per year, calculate the total annual inventory cost.Question 6Answera.$2,117b.$11,500c.$3,000d.$3,600

If annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order is $50, what is the annual ordering cost?a.$600,000b.$1,200c.$50d.$1,200,000e.$2,400,000

1. If the annual requirement is 24,000 units for an item ordering cost is Rs. 200 per order and EOQ = 2000 units with price per unit of the item Rs. 20 then the annual carrying cost per unit is

KP organization procures and sells apparel items. The model number of one of the popular items is KP201. The company believes that the total minimum cost order quantity model assumptions are reasonably met for this particular model. Relevant data, from the files of the firm, are annual demand 40,000 units, unit value/price is $40, holding (or carrying) cost is 10% of the unit value/price, cost to replenish inventory $300 per order. Assume the number of working days in a year is 300.(a) What is the optimal order size?                                                                      (1 mark)(b) What is the optimal number of days between orders?                                   (1 mark)(c) What is the optimal total annual inventory cost of maintaining inventory?       (1 mark)(d) What will happen to the total inventory cost if they order all the 40,000 items in a lot in a year?                                                                                                                                       (1 mark)(e) What will be the total annual inventory cost if they replenish 1000 items per order?       (1 mark)