Question: 2. Calculate the Economic Order Quantity using the following information: annual demand = 3,000,000; the cost of placing an order = $54 per order; the

2. Calculate the Economic Order Quantity using the following information: annual

2. Calculate the Economic Order Quantity using the following information: annual demand = 3,000,000; the cost of placing an order = $54 per order; the carrying cost % = 25%; item value = $100 a. 3600 b. 720 C. 72000 d. 36000 3. What is the reorder point for the CPTBMW Company if the lead time is 6 hours and the hourly demand for the company is 7000? a. 42000 b. 1750 C. 28000 d. I don't know e. False

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