Question: Find the economic order quantity and the reorder point, given Annual demand (D) = 6000 units Average daily demand (d ) = 6000/365 Ordering cost

Find the economic order quantity and the reorder point, given
Annual demand (D) = 6000 units
Average daily demand (d ) = 6000/365
Ordering cost (S) = $7 per order
Holding cost (H) = $1.5 per unit per year
Lead time (L) = 8 days
Cost per unit (C) = $14
Find the value of the blue cells in the Excel sheet.

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