Question: I need help trying to solve the problem below. Please provide detailed calculations and explanations so I can better understand each section of the problem.

I need help trying to solve the problem below. Please provide detailed calculations and explanations so I can better understand each section of the problem. I would greatly appreciate it.

I need help trying to solve the problem below.

I. Suppose weekly demand for an item is 100 units. Annual holding cost is $10 per unit, and ordering cost is $20 per order. Assume 52 weeks per year. 1. What is the EOQ? If the EOQ is used for order quantity, 2. What is the average inventory level? 3. What is the annual inventory-holding cost? 4. What is the number of orders per year? 5. What is the annual ordering cost? 6. What is the time between orders in weeks

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