Question: How to solve this question? thank you Check m Problem 7-15 Economic ordering quantity with safety stock [LO7-5) Diagnostic Supplies has expected sales of 115,600

How to solve this question? thank you Check m Problem 7-15

Economic ordering quantity with safety stock [LO7-5) Diagnostic Supplies has expected sales

How to solve this question?

thank you

Check m Problem 7-15 Economic ordering quantity with safety stock [LO7-5) Diagnostic Supplies has expected sales of 115,600 units per year, carrying costs of $4 per unit, and an ordering cost of $8 per order. a. What is the economic ordering quantity? Economic ordering quantity units b-1. What is the average inventory? Average inventory units b-2. What is the total carrying cost? Total carrying cost LINE Assume an additional 60 units of inventory will be required as safety stock. C-1. What will the new average inventory be? Average inventory units C-2. What will the new total carrying cost be? Total carrying cost

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