Question: ED 0 acanvas.ubc.ca 0 ill + Assignment 4 u Homework Help - Q&A from Online Tutors - Course Hero I Forgot Password COMM204_Assignment 4.pdf EOQ

ED 0 acanvas.ubc.ca 0 ill + Assignment 4 u Homework Help - Q&A from Online Tutors - Course Hero I Forgot Password COMM204_Assignment 4.pdf EOQ model with lead time Question 8. (30 points) Consider the following information for inventory management. The item is demanded 52 weeks a year. Item Cost $1000 Order Cost $250.00 Annual holding cost (%) 33% of item cost Lead time 1 week Annual demand 25,750 (a) State the economic order quantity and reorder point. (10 points) (b) Determine the annual holding and order costs. (10 points) (0) Determine the average inventory when we pay for the inventory after it is shipped from the seller. (10 points)

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