Question: 1 . Under the current inventory policy: a . calculate the EOQ and ROP for each product line. b . find the annual total inventory

1. Under the current inventory policy:
a. calculate the EOQ and ROP for each product line.
b. find the annual total inventory cost.
(Hint 1: total cost = holding cost + ordering cost)
(Hint 2: average inventory level = safety inventory + cycle inventory

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