a. what is Litespeed's economic order quantity (EOQ) for the motors?
b. What is its total cost at EOQ?
c. How large a safety stock (in units) of motors should Litespeed maintain?
d. What is Litespeed's reorder point for motors?(hint:be sure to include the sagety stock)
e. If Litespeed has an opportunity to reduce by 10 percent either its order cost or its carrying cost, which would result in the lowest total cost at the associated new EOQ?
f. How much total cost savings will result from the lowest-cost strategy found in part (e) relative to the total cost found in part (b)?
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