Question: ( 1 2 points ) Best Buy is optimizing its inventory strategy for a popular laptop model. Here are the key inventory management details: Annual

(12 points) Best Buy is optimizing its inventory strategy for a popular laptop model. Here are the key inventory management details:
Annual Demand for the Laptop: 18,000 units.
Cost per Laptop: $800.
Inventory Carrying Cost: $40 per unit per year.
Average Ordering Cost: $150 per order.
Lead Time: 4 days.
Store Operating Days: 360 days per year.
Using these specifics, calculate the following:
a.(3 points) Economic Order Quantity (EOQ)
b.(2 points) Optimal number of orders per year
c.(2 points) Optimal number of days between orders
d.(5 points) Total inventory cost including the cost of buying the 18,000 units per year
 (12 points) Best Buy is optimizing its inventory strategy for a

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