Items purchased from u sender cost $20 each, and the forecast for the xi year s

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Items purchased from u sender cost $20 each, and the forecast for the xi year s demand is 1.000 units. live cost of placing an order is estimated to be $5 every time an order is placed. Storage costs are S4 Per unit per ycar. What quantity should he ordered to minimize inventory related costs? (2) Ray's Satellite Emporium wishes to determine the best order size of their best selling satellite dish (model TSU I). Ray has estimated the annual demand for this model at 1,000 units. 1 lis cost to canry one unit is $ 100 per year per unit, and he has estimated that each order costs S25 to place. Based on the EOQ model, how many units should Ray order each time he places an order? THE NEWSBOY PROBLEM - INVENTORY MODELS FOR PERISHABLES (C,m cost of shortage of I unit, C_1 = cost of excess of 1 unit) SERVICE LEVEL = (3)SalIy's Silk Screening produces special T-shirts that are primarily sold on the Halloween day. She must decide how many to produce for the coming Halloween. During the event itself, which lasts one day, Sally

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Economic Order Quantity Level = ( Square root of ( 2 *Annual Deamand * Ordering cost / Carrying cost)) Annual Demand 1,000 Ordering cost 5 Storage costs 4 Economic order quantity = ( Square root of 2 * 1,000 units * 5/4) 50

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