Question: answer a-e please Joe Henry's machine shop uses 2,530 brackets during the course of a year. These brackets are purchased from a supplier 90 miles

answer a-e please answer a-e please Joe Henry's machine shop uses

Joe Henry's machine shop uses 2,530 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets Annual demand Holding cost per bracket per year Order cost per order Lead time Working days per year a) What is the EOQ? units (round your response to two decimal places) 2,530 $1.45 $18.50 2 days 250 a) What is the EOQ? 248.33 units (round your response to two decimal places), b)What is the average inventory If the EOQ is used? 124.17 units (round your response to two decimal places). What would be the annual inventory holding cout? S 198,66 (round your response to two decimal places) c)Given the EOQ, how many orders will be made annually? 10.18 orders (round your response to two decimal places) What would be the annual order cost? $ 198.71 (round your response to two decimo proces) d)Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $ 397 33) (round your response to wo decimal placea). e/What is the time between orders? 24.53 days (round your response to two decimal places). 9 What is the reorder point (ROPY units (round your response to two decimal places)

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