find the average inventory if EOQ is used . find the optimal number of orders per yeae . find the optimal numbers of in beyween any two orders. what is the annual cost of ordering and holding invenctory? formulas wre provided below

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central imventory operation. Thomas's fastest-movin is $101, and the inventory carrying cost is $9 per unit per year. The average ordering cost is $29 per order. It takes about 5 days for an order to arrive, and the d 250 working days per year). a) What is the EOQ? units (round your response to two decimal places). b) What is the average inventory if the EOQ is used? units (round your response to two decimal places). 250 wonking ders per year a) What is the rog? b) What in the dverage inventory it the Cog a used? unts found your response 5 tro deoma placet) c) What is the optimal number of orders per year? OptimalNumberofOrders=PerOrderQuantityAnnualDemand=QAnnualDemanc d) What is the optimal number of days in between any two orders? NumberofDaysBetweenTwoSubsequentOrders=NumberofOrdersOperatingDays= e) What is the annual cost of ordering and holding inventory? Ord Cost = Number of Orders Per Order Cost Holding Cost = Avgerage Inventor Holding Cost per Unit per Year