If you know that the annual demand is 10000 units, unit cost is $700,

Question: If you know that the annual demand is 10000 units, unit cost is $700, the holding cost fraction is 15%, the ordering cost is $3000/order, then the optimal order quantity is: a. 378 b. None c. 293 d. 756 e. 450 If you know that the annual demand is 10000 units, unit cost is $700, the holding cost fraction is 15%. If the desired lot size is 300 units, whatShow transcribed image text 100% (1 rating)1) Answer: d) 756 EOQ formula is given by…View the full answerTranscribed image text: If you know that the annual demand is 10000 units, unit cost is $700, the holding cost fraction is 15%, the ordering cost is $3000/order, then the optimal order quantity is: a. 378 b. None c. 293 d. 756 e. 450 If you know that the annual demand is 10000 units, unit cost is $700, the holding cost fraction is 15%. If the desired lot size is 300 units, what would the ordering cost have to be: a. None b. 472.5 c. 325.8 d. 3000 e. 3150