Question: Please answer E & F Joe Henry's machine shop uses 2,460 brackets during the course of a year. These brackets are purchased from a supplier

Please answer E & F Joe Henry's machine shop uses
Please answer E & F
Joe Henry's machine shop uses 2,460 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: Annual demand Holding cost per bracket per year Order cost per order Lead time Working days per year 2,460 $1.50 $18.75 2 days 250 a) What is the EOQ? 247 99 units (round your response to two decimal places). b)What is the average inventory it the EOQ is used? 124.00 units (round your response to two decimal places) What would be the annual inventory holding cost? S 185.99 (round your response to two decimal places). Given the EOQ, how many orders will be made annually? 9.92 orders (round your response to wo decimal places). What would be the annual order cost? $ 185.99 (round your response to two decimal places) dGiven the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? 8 371.99 (round your responso to two decimal places) eyWhat is the time between orders? / days (round your response to two decimal places). What is the reorder point (ROPY units (round your response to two decimal places) Enter your rower in each of the niwer boxes ? B aty esc c G Search or ty % 2 3 4 5

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