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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
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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help please, please show the work and answers only in excel please send screenshot of excel 

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
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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