Question: A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinent data about this item are as follows: Weekly Demand 1 2

A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinent data about this item are as follows:
Weekly Demand 1250 cases per week
Lead Time 2.5 weeks
Inventory Carrying Cost 30%
Purchase Price $55.00
Fixed Order Cost $25
The annual demand is , the Basic EOQ is , the basic reorder point is .
Round to whole numbers

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