Question: i have the first 3 please help with the blanks Use the following information for questions in this section: Stylez Corp. has a monthly demand

i have the first 3 please help with the blanks i have the first 3 please help with the blanks
i have the first 3 please help with the blanks
i have the first 3 please help with the blanks
Use the following information for questions in this section: Stylez Corp. has a monthly demand of 1,500 units for a product. The annual holding cost for the product is estimated to be $4.00 per unit and the cost of placing each order is $125.00. The current order quantity (lot size) is 3,200 units. For Stylez Corp.'s current lot size, how many orders will be placed annually? (round to a single decimal place) Hint: demand given is monthly not daily or weekly. Answer: 3200 What is the annual holding cost for Stylez Corp. for their current lot size? Answer: 6400 What is the annual ordering cost for Stylez Corp. for their current lot size? Answer: 703.13 The economic order quantity (EOC) for Stylez Corp. is (round to a whole number) Answer: What is the total annual inventory cost (.e. cost of holding and ordering) for Stylez Corp. if it orders as per EOQ? (round to a single decimal) Answer: If Stylez Corp. decides to incorporate the EOQ, the time between orders (order cycle length) will be: (provide your answer in number of days; round to a single decimal) Answer: What is the extra cost, if any, is Stylez Corp. incurring by using its current lot size instead of the EOQ? (round to a single decimal)

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