Question: Given the following information, compute the economic order quantity, annual holding cost, annual order cost, and annual total inventory cost. And also suppose there are

Given the following information, compute the economic order quantity, annual holding cost, annual order cost, and annual total inventory cost. And also suppose there are 365 days per year. For an order lead time of 5 days, what is the reorder point? (round answer to 2 decimal places)
Annual requirements (R)=50,000 units
Ordering cost (S)= $150 per order
Holding rate (k)=15%
Unit cost (C)= $100 per unit

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