Question: b. What is the average inventory if EOQ is used? units (round your response to two decimals places) c. Given the EOQ, how many orders

b. What is the average inventory if EOQ is used? units

b. What is the average inventory if EOQ is used? units (round your response to two decimals places)

c. Given the EOQ, how many orders will be made annually? units (round your response to two decimals places)

d. Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? (round your response to two decimals places)

e. What is the time between orders

f. What is the reorder point (POP) units (round your response to two decimals places)

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

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