Question: Can you provide a solution and explanation for every question? thank you. this topic is all about inventory management. b. 11,540 d. 26,650 PROBLEM SOLVING
Can you provide a solution and explanation for every question? thank you.
this topic is all about inventory management.

b. 11,540 d. 26,650 PROBLEM SOLVING 1. INVENTORY MANAGEMENT (15 Points) Fruitcake Specialist sell 36,000 fruit cakes annually. Annually carrying costs are P5 per fruit cake and the ordering costs are P100 per order. The firm has decided to maintain a safety stock of one month's sales or 3,000 fruitcakes. The delivery time per order is 5 days. Assume a 365 day year. a. What is the economic order quantity (EOQ)? b. What is the average inventory? How many orders should be placed each year? d. What is the total inventory cost? e. What is the reorder point
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