Question: is on hand initially ) is 1 , 0 0 0 bags. Each bag costs the center $ 1 . 5 0 , inventory carrying

is on hand initially) is 1,000 bags. Each bag costs the center $1.50, inventory carrying costs are 20 percent, and the cost of placing an order with its supplier is $15. Assume 365 operational days per year.
a. What is the economic order quantity? Note: Format is x,x
b. What is the maximum inventory of IV solution bags? Note: Format is x,x
c. What is the center's average inventory of IV solution bags?
Note:
Format is x,x
d. How often must the center order (in days)? Note: Round DOWN to the nearest day for this problem. Format is: days
 is on hand initially) is 1,000 bags. Each bag costs the

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