{"id":12481,"date":"2023-04-06T18:18:53","date_gmt":"2023-04-06T18:18:53","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/write-your-detailed-calculations-to-the-extra-credit-question-clearly-on-a-piece-of-paper\/"},"modified":"2023-04-06T18:18:53","modified_gmt":"2023-04-06T18:18:53","slug":"write-your-detailed-calculations-to-the-extra-credit-question-clearly-on-a-piece-of-paper","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/write-your-detailed-calculations-to-the-extra-credit-question-clearly-on-a-piece-of-paper\/","title":{"rendered":"Write your detailed calculations to the extra credit question clearly on a piece of paper"},"content":{"rendered":"<p>George Heinrich yearly uses 1500 units of a certain subassembly part that has an<\/p>\n<div>annual holding cost of $45 per unit. Each order placed costs George $150. In one year he<\/div>\n<div>finds out that his forecasting department has made an error estimating the demand and<\/div>\n<div>instead of the correct demand they had reported the same 1500 units and calculated the<\/div>\n<div>EOQ resulting in an error of %1 underestimation in optimal total cost. Neglecting<\/div>\n<div>purchasing cost in your calculations, what is the correct demand value?<\/div>\n<div><\/div>\n<div>WORK IT OUT ON A PAPER&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>George Heinrich yearly uses 1500 units of a certain subassembly part that has an annual holding cost of $45 per unit. Each order placed costs George $150. In one year he finds out that his forecasting department has made an error estimating the demand and instead of the correct demand they had reported the same [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[1112],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/12481"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=12481"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/12481\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=12481"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=12481"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=12481"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=12481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}