Question: Part 2: Problem-solving Questions [Chapter 12] EOQ Model A local distributor expects to sell 32,000 units of an electrical device per year. These electrical devices

Part 2: Problem-solving Questions [Chapter 12]Part 2: Problem-solving Questions [Chapter 12]Part 2: Problem-solving Questions [Chapter 12]

Part 2: Problem-solving Questions [Chapter 12] EOQ Model A local distributor expects to sell 32,000 units of an electrical device per year. These electrical devices are purchased from a supplier in a different state. The following information is known about the problem: Annual demand, D 32,000 units Holding cost per unit per year, H $12 Ordering cost per order, S $120 Number of working days per year 240 Write your final answer only (without intermediate steps) for the fill-in-the-blank questions. Question 26 (5 points) The economic order quantity (EOQ) = A/ units. Round the final answer (if it is not an integer) to the nearest integer. Question 27 (5 points) Based on the EOQ, the average inventory = A units. Round the final answer (if it is not an integer) to the nearest integer. Question 28 (5 points) The optimal number of orders per year = A orders. Round the final answer (if it is not an integer) to the nearest integer. Question 29 (5 points) Total annual inventory cost (excluding the purchase cost) = $ A . Round the final answer (if it is not an integer) to the nearest integer. Question 30 (5 points) If the management decides to order 32,000 units (instead of the EOQ quantity obtained above) per order, the total annual inventory cost (excluding the purchase cost) = $ A . Round the final answer (if it is not an integer) to the nearest integer

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