Question: ( 1 2 points ) Best Buy is optimizing its inventory strategy for a popular laptop model. Here are the key inventory management details: Annual
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: units.
Cost per Laptop: $
Inventory Carrying Cost: $ per unit per year.
Average Ordering Cost: $ per order.
Lead Time: days.
Store Operating Days: days per year.
Using these specifics, calculate the following:
a points Economic Order Quantity EOQ
b points Optimal number of orders per year
c points Optimal number of days between orders
d points Total inventory cost including the cost of buying the units per year
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