Question: Answer the questions below using the following information for a firm that operates sos dads / yed . Annual Demand = 1 2 , 8

Answer the questions below using the following information for a firm that operates sos dads/yed.
Annual Demand =12,800 units
Order Cost =$120.00 per order
Holding Rate =.12
Unit Cost =$22.00 per unit
Delivery Lead Time =24 days
1a) What is the economic order quantity (EOQ)?
1b) What is the annual total cost of the item purchased (i.e., total invoice or purchase cost)?
1c) What is the annual holding cost?
1d) What is the annual ordering cost?
1e) What is the total annual inventory cost?
1f) What is the average cycle inventory?
1g What is the reorder point?
1h) What is the number of orders per year?
1i) What is the time between orders?
 Answer the questions below using the following information for a firm

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