Question: 3. Warren purchase 8000 unit transistors for inventory. The unit cost for each is $10, and the carrying cost for a year is $ 3.

3. Warren purchase 8000 unit transistors for

3. Warren purchase 8000 unit transistors for inventory. The unit cost for each is $10, and the carrying cost for a year is $ 3. Ordering cost is $30 per order. Assume he operates a 200 day working year. If he places an order, deliveries from his supplier generally take 5 working days and the lot size is 200 unit. Compute : E0Q, Expected number of orders place each year, Expected time between orders, Reorder point, annual ordering cost, annual carrying cost & Total Cost

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