Question: p can you Please answer a to e properly ? (show all your work) Fixed Order Quantity (FOQ) Model Given information: - Annual Demand =

p can you Please answer a to e properly ? (show

can you Please answer a to e properly ? (show all your work)

Fixed Order Quantity (FOQ) Model Given information: - Annual Demand = 1000 units - \# days per year =365 - Ordering cost =$5/ order - Holding cost =$1.25/ unit/year - Lead time =5 days - Unit cost =$12.50 a) Find the Economic Order Quantity (EOQ or Q)=2DS/H b) Find the reorder point (R)=dL c) Find the Total Annual Cost (TC) =DC+QDS+2QH d) Explain how this inventory model works in a sentence or two using the values you calculated for a) and b) above. Be specific. e) If we added safety stock to this model, what would happen to: a. The EOQ (go up, down, or stay the same)? Why? b. The R go up, down, or stay the same)? Why? c. The Total Annual Cost go up, down, or stay the same)? Why

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