Question: please answer a,b,c,d,e,f a) What is the EOQ? units (round your response to two decimal places) b) What is the average inventory if the EOQ

a) What is the EOQ? units (round your response to two decimal places) b) What is the average inventory if the EOQ is used? units (round your response to fwo decimal places). c) What is the optimal number of orders per year? 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 two decimal places) e) What is the annual cost of ordering and holding inventory?s per year (round your response to two decimal places) 1) What is the total annual inventory cost, including the cost of the 5,750 units? \$ per year (round your rosponse to two decimal places) Thomas Kratzer is the purchasing manager for the headquarlers of a large insurance company chain with a central inventory operation. Thomas's fastest moving inventory item has a demand of 6,050 units per year. The cost of each unit is $103, and the inventory carrying cost is $8 per unit per yeat. The average ordering cost is $29 per order. It takes about 5 days for an order fo arrive, and the demand for 1 week is 121 units. (This is a corporate operation, and there are 250 working days per year) a) What is the EOQ? units (round your response to two decimal places)
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