Question: EXAMPLE 2 - Computing and using the EOQ A local distributor for a national tire company expects to sell approximately 9,600 steel-belted radial tires of

EXAMPLE 2 - Computing and using the EOQ A local distributor for a national tire company expects to sell approximately 9,600 steel-belted radial tires of a certain size and tread design next year. Annual carrying cost is $16 per tire, and ordering cost is $75. The distributor operates 288 days a year.e. 2. What is the EOQ? b. How many times per year does the store reorder? c. What is the length of an order cycle? d. What will the total annual cost be if the EOQ quantity is ordered? TC.HSS Annual cost 1 1 D H S 9.600 tires per year $16 per unit per year $75

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