Question: do not copy Chegg otherwise, I will give you a dislike. QUES-3 PLEASE DO NOT COPY PASTE FROM CHEGG/OTHERWISE I'LL REPORT YOU Every year, a

do not copy Chegg otherwise, I will give you a dislike.

do not copy Chegg otherwise, I will give you a

QUES-3 PLEASE DO NOT COPY PASTE FROM CHEGG/OTHERWISE I'LL REPORT YOU Every year, a cycling firm sells 53,000 biketyres. The corporation pays $7 per tyre for these tyres. The cost of holding a tyre is equal to 25% of the cost of purchasing it. The cost of ordering is $35 per order. The company is open 300 days a year, with a 6-day lead time on purchases. What exactly is the EOQ? Throughout the year, how many times does the retailer have to reorder skates? How long does it take for each order to be processed? (How long does it take between orders?) What is the overall cost of inventory? *3) Assuming all of the information from question two is correct, as a manager, would you consider moving to a supplier who could sellyou the identical tyres for $1 less but with a three day lead time? Why do you think that is? Calculations should be shown (Can you do the 3rd pne Question?) critical

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