ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consumption is 49800 units, Cost to place one order is 1475, Cost per unit is 71 and carrying cost is 24.25 % of Unit cost.

Calculate:

Note: use upto 3 decimal in your answer and also kindly upload your worked out sheet answer in link provided below.

A) Inventory carrying cost. Answer for part 1

B) Economic Ordering Quantity. Answer for part 2

C) Optimum order interval in days. Answer for part 3

D) Average inventory at any time. Answer for part 4

E) storage cost at any time. Answer for part 5

F) Minimum total inventory cost per year. Answer for part 6