Do an ABC analysis on the following information: Item Code Average inventory units $ value per unit 1289 400 3.75 2347 300 4.00 2349 120 2.50 2363 75 1.50 2394 60 1.75 2395 30 2.00 6782 20 1.15 7844 12 2.05 8210 8 1.80 8310 7 2.00 9111 6 3.00 EOQ Homework Joe Henrys machine shop uses 2,500 brackets during a year. These brackets are purchased from a supplier 90 miles away. The following information is provided: Annual demand 2,500 units Holding cost per bracket per year - $1.50 Order cost per order - $18.75 Lead time 2 days Working days per year 250 days a) What is the EOQ? b) What is the average inventory? c) What is the optimal number of orders per year? d) What is the optimal number of days between orders? e) What is the annual total inventory cost? f) What is the total annual cost if each item costs $100? g) What is the ROP?