Question: Please answer all parts completely, thank you. Given the data below, please determine the following inventory metrics. a. what is the appropriate order quantity? b.

Please answer all parts completely, thank you.

Given the data below, please determine the following inventory metrics. a. what is the appropriate order quantity? b. what is the annual holding cost? c. how many orders will the firm make in a year? d. at what reorder point should the firm order more? Annual demand Holding cost per unit Set-up costs per order Lead time Working days per year Price per unit Quantity discount at 50,000 units 15,000 units $3.00 $25 5 days 250 $10 $7.50

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