IStudent$/$PlayerHomework$.$aspx?homeworkld$=666231151$&questionld$=1$&flushed$=$false&cld$=7702379$erwin$=$yes

INE $-$Spring $2024$ Mr$.$ Daman Palmer

Ashley

hapter $12$ Homawork

Question $8,$ Problem $12\mathrm{.}14$

HW Score: $70\%,7$ of $10$ points

Help me solve this

$5$ parts remaining

$14$

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastestmoving inventory item has a demand of $5,750$ units per year. The cost of each unit is $$100\mathrm{.}35,$ and the inventory carrying cost is $$9\mathrm{.}98$ per unit per year. The average ordering cost is $$29\mathrm{.}58$ per order. It takes about $5$ days for an order to arrive, and the demand for $1$ week is $115$ units. $($This is a corporate operation, and there are $250$ working days per year$).$

a$)$ What is the EOQ?

$Q=\sqrt[\phantom{2}]{\frac{2DS}{H}}=$ units $($round your response to two decimal places$).$