Question: a.) What is the (EOQ)? b.) Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost? c.) Given

a.) What is the (EOQ)? b.) Given the EOQ, what would

a.) What is the (EOQ)?

b.) Given the EOQ, what would be the average inventory? What would be the annual inventory holding cost?

c.) Given the EOQ, how many orders would be made each year? What would be the annual order cost?

d.) Given the EOQ, what is the total annual cost of managing the inventory?

e.) What is the time between orders?

f.) What is the reorder point (ROP)

a) What is the EOQ? units (round your response to two decimal places)

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