Question: ee Melissa Monzer is the purchasing manager for the division of a home improvement store with an inventory operation. Melissa's fastest moving inventory item has

ee Melissa Monzer is the purchasing manager for
ee Melissa Monzer is the purchasing manager for the division of a home improvement store with an inventory operation. Melissa's fastest moving inventory item has a demand of 10,000 units per year. The cost of each unit is 125 and the inventory carrying cost is $30 per unit per year. The average ordering cost is $70 per order. It takes about 5 days for an order to arrive, and the demand for one week is 200 units. There are 250 working days per year. ta as You must show all work to get credit for the problem. a. What is the EOQ? (4 points) re will ew ein b. What is the average inventory If the EOQ is used? (2 points) tin c. What is the optimal number of orders per year? (2 points) e rur d tov Auto a. What is the optimal number of days in between any two orders? (2 points) are st bus e. What is the annual cost of ordering and holding inventory? (4 points)

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