the annual demand for a product is 800 unit a unit price of the product is #0.02. If the ordering cost is # and the holding cost is 10% of the unit price ; determine the I) EOQ in the units ii) total variable cost iii) number of orders per annum.

Question

the annual demand for a product  is 800 unit a unit price of the product is #0.02. If the ordering cost is # and the holding cost is 10% of the unit price ; determine the I) EOQ in the units ii)  total variable cost iii) number of orders per annum.

plz what it the solution... I posted it before but no answer

help help

Ms. Sue · Answer

Since the math teachers have avoided this question, I'll comment.

Is some of the information missing?

unit price is 2 cents?
ordering price is ?
what is a holding price?
10 % of 2 cents of negligible.
The problem states that the demand is 800 units per year.