| Task 1 | Task 2 | ||||
| Given | year 1 | Year 5 | |||
| Monthly demand | 1000 | 2000 | |||
| product cost per unit | 60.00 | 65 | |||
| Holding cost/unit factor | 0.15 | 0.16 | |||
| Cost per order (s) | 300 | 350 | |||
| Annual Demand (D) | 12000 | 24000 | |||
| Holding cost $/unit (H) | 9.00 | 10.40 | |||
| Compute the EoQ | 894.427191 | 1270.977819 | |||
| orders per year | 13.41640786 | 68.57142857 | |||
| Annual Holding Costs | 16099.68944 | 26436.33863 | |||
| Gross Profit | 132000 | 110400 |
