Question: b) what is the average inventory used if EOQ is used? (round to two decimal places) what would be the annual inventory holding cost? (round

b) what is the average inventory used if EOQ is used? (round

b) what is the average inventory used if EOQ is used? (round to two decimal places)

what would be the annual inventory holding cost? (round to two decimal places)

c) given the EOQ, how many orders will be made annually? (round to two decimal places)

what would be the annual order cost?

d) given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? (round to two decimal places)

e) what is the time between orders? (round to two decimal places)

f) what is the reorder point (ROP)? (round to two decimal places

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

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