11.10 Surgery Associates, a local surgery practice group, orders implants from device manu- facturers. Order quantities for ten items have been determined based on the past two years of usage. Other relevant information from the practice's inventory records is de- picted in Table EX 11.10. The practice is functional for fifty-two weeks a year. a. Perform basic EOQ analysis for each item. b. Classify the implant inventory items according to the A-B-C analysis. Calculate the yearly inventory management cost. d. Determine the investment cost (per cycle) for each item. C. Table EX 11.10 Yearly Demand (Unit/Year) 104 Yearly Carrying Rate of Each Item Implant Item No. Ordering Cost ($) 6.00 1 12% Unit Cost ($) 2,225 5,000 3,550 2 260 10% 5.00 3 728 8% 12.00 4 1,248 1,205 12% 28.00 Yearly Demand (Unit/Year) 104 Yearly Carrying Rate of Each Item Implant Item No. 5 Unit Cost ($) Ordering Cost ($) 18.00 2% 6 20% 32.00 1,040 780 7 11% 50.00 11,100 1,500 1,900 3,700 6,400 2,700 8 8 884 9% 12.00 9 780 2% 35.00 10 520 5% 12.00