Question: A special construction hardware store sells 100 units per week of a special heating system installation kit. The unit cost of the installation kit to

A special construction hardware store sells 100

A special construction hardware store sells 100 units per week of a special heating system installation kit. The unit cost of the installation kit to the store is $950 and the cost of placing an order has been estimated to be $2200. The store uses an inventory carrying charge of 10% per year (holding cost is .1950 ). Assuming the average quantity is used as the basis for holding cost, answer the following questions: (Please fill in the blank with numbers(integer only) and words (lower case only) as appropriate. - What is the optimum size order quantity for this installation kit? units - How many times should orders be placed per year? times - What is the reorder point based on the inventory level for this product? Given a purchase usually takes two weeks to arrive. Reorder point is units - Increasing holding cost will (increase, decrease) the number of purchases per year. (please only use only lowercase letters)

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