Question: If possible please show work so that I can understand. Problem 1: A toy manufacturer buys the following component (part # TREX-120) for use in

If possible please show work so that I can understand. Problem 1:

If possible please show work so that I can understand.

Problem 1: A toy manufacturer buys the following component (part \# TREX-120) for use in its production system. The parts are needed throughout the entire 52-week year. Data for the part are as follows: Use the Fixed-Order Quantity Model to find the following: a) Compute the optimum order quantity (Q). b) What is the reorder point (R) for the item? c) Find the Total Annual Cost (TC) for the item

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