Question: Emily Rodriguez is the purchasing manager for the main distribution center of a popular electronics retail chain. She oversees the inventory management of their fastest-moving

Emily Rodriguez is the purchasing manager for the main distribution center of a popular electronics retail chain. She oversees the inventory management of their fastest-moving product, which has an annual demand of 5950 units. The cost of each unit is $102, and the inventory carrying cost is $31 per unit per year. The average cost incurred for placing an order is $11. The lead time for receiving an order is around 5 days, and the demand for one week is 119 units. The company operates for 250 working days per year.

What is the Economic Order Quantity (EOQ) for this product?

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