Question: operations management Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation Thomas's fastest moving

operations management

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation Thomas's fastest moving inventory item has a demand of 5,750 units per year. The cost of each unit is $102 and the inventory carrying cost is 59 per unit per year. The average ordering cost is $31 por order It takes about 5 days for an order to arrive, and the demand for 1 week to 115 units (Thin is a corporate operation, and there are 250 working days per year) a) What is the EOQ? 19903 units (round your response to two decimal placea) b) What is the average Inventory the EOQ hund? 99.52 units fround your response to no decimal places) c) What is the optimal number of orders per your? 28 09 orders (round your response to two decimal places) d) What is the optimal number of days in between any two orders? days (round your response to hivo decimal placea)

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