Question: A, B, C, D, E Gervos Inc. uses 2,352 units of a component each year. The cost of placing one order is $16 and the
Gervos Inc. uses 2,352 units of a component each year. The cost of placing one order is $16 and the cost of carrying one unit in inventory for a year is 56. Currently, the company orders 147 units at a time. Required (A) What is the annual ordering ost of the company's current inventory policy? (B) What is the annual carrying cost of the company's current inventory policy? (C) What is the total annual cost of the company's current inventory policy? (D) What is the company's EOQ? (E) What is the total inventory-related cost at the EO
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