Question: Inventory Management : Please answer all bolded questions and show work! Local UnderArmour store would like to know how many units of their high selling

Inventory Management : Please answer all bolded questions and show work!

Inventory Management : Please answer all bolded questions and show work! Local

Local UnderArmour store would like to know how many units of their high selling product should be ordered in the store. Historical sales data shows that the annual demand is 300,000 units. The store is in prime location and they calculated that the shelf space cost for the product is about $2 per unit per year. The cost of placing an order to the warehouse is about $150 for each order. 17. What is the EOQ based on the above information? 18. How many orders will UA store place in a year? 19. What is the order cycle time

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