Henry Crouch's law office has traditionally ordered ink refills 65 units at a time. The firm estimates that carrying cost is 40% of the $11 unit cost and that annual demand is about 235 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its action be optimal? a) For what value of ordering cost would its action be optimal? Its action would be optimal given an ordering cost of $ 19.03 per order (round your response to two decimal places). Emery Pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. Emery uses 800 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $47 per order. The cost schedules of two suppliers are as follows: Vendor 1 Quantity Price/lb 1-499 $17.00 500-999 $16.75 1,000+ $16.50 Vendor 2 Quantity Price/lb 1-399 $17.10 400-799 $16.85 800-1,199 1.200+ $16.25 $16.60 This exercise contains only parts a, b, and c. a) What is the economic order quantity for each supplier? For Vendor 1 at $17.00/pound, the economic order quantity is units (round your response to the nearest whole number). Please copy and paste data from text area below. Selected delimiter: Tab Vendor 1 Price Range Lower Quantity Upper Quantity Price/lb 1 1 499 $17.00 2 500 $16.75 13 1,000 999999 $16.50 999 Done Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Dollar Volume % of Total Dollar Volume 48,000 67,500 7.02 9.87 Item Annual Demand Cost/Unit A2 500 300 B8 4000 12 C7 1500 45 D1 20 35 E9 1000 20 F3 34 250 G2 200 1500 H2 600 20 15 1000 65 J8 2500 5 20,000 2.92 300.000 12,000 43.85 1.75 12,500 1.83