Question: = Homework: Complete Homework HW07 (Inventory) Question 2, Problem 12.14 Part 1 of 6 HW Score: 10%, 1 of 10 points O Points: 0 of

= Homework: Complete Homework HW07 (Inventory)

= Homework: Complete Homework HW07 (Inventory) Question 2, Problem 12.14 Part 1 of 6 HW Score: 10%, 1 of 10 points O Points: 0 of 1 Save Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 5,900 units per year. The cost of each unit is $97, 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 demand for 1 week is 118 units. (This is a corporate operation, and there are 250 working days per year) a) What is the EOQ? units (round your response to two decimal places). Help me solve this Video Get more help Clear all Check

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