A hospital orders its thermometers from a hospital supply firm. The cost per thermometer depends on the order quantity Q, as shown in the file P13_58.xlsx. The annual holding cost is 25% of the...


A hospital orders its thermometers from a hospital supply firm. The cost per thermometer depends on the order quantity Q, as shown in the file P13_58.xlsx. The annual holding cost is 25% of the purchasing cost. Let Q80
be the optimal EOQ order quantity if the cost per thermometer is $0.80, and let Q79
be defined similarly if the cost per thermometer is $0.79.



May 25, 2022
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