If the average aggregate inventory value is $125,000 and the cost of goods sold is $1,500,000, what is the inventory turnover? ( 2 points) 6. If annual demand is 50,000 units, the ordering cost is $5 per order, and the holding cost is $2 per unit per year, what is the economic order quantity? (4 points) 7. Given the following information for a purchased component, what is the total annual cost for the item? (4 points) - Annual demand =100,000 units - Purchase price =$8 per unit - Order quantity =5,000 units - Order cost =$5 per order - Annual holding cost =$2 per unit