Question: A company inventories two items. The relevant data for each item are shown in the table below. Use the power-of-two ordering policy to synchronize the

A company inventories two items. The relevant
A company inventories two items. The relevant data for each item are shown in the table below. Use the power-of-two ordering policy to synchronize the orders of these two items. Item 1 6,000 $4.00 Item 2 4,000 $3.50 Annual demand Cost per unit Annual holding cost is a % of unit price Price per order 30% 25% $200 $20 Use days as your unit. Assume that each year is 365 days. For item 1, t = days For item 2, t = days

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