Question: Please answer in 30 mins, its urgent 4. a) A local distributor of a warp beam manufacturing company expects to sell 05 approximately 7,500 warp

Please answer in 30 mins, its urgent
4. a) A local distributor of a warp beam manufacturing company expects to sell 05 approximately 7,500 warp beams of a certain size and design next year. Annual carrying cost is $18 per beam, and ordering cost is $72. The distributor operates throughout the whole year except for the total 66 holidays. a. What is the EOQ? b. How many times per year does the store reorder? c. What is the length of an order cycle? d. What will the total annual cost be if the EOQ quantity is ordered? b) Given the following demand data, 05 4 Period 1 Demand 118 2 117 3 120 5 126 6 122 7 117 119 i) Compute a weighted average forecast using a weight of .35 for the most recent period, 0.25 for the next most recent, 0.20 for the next, 0.15 for the next and 0.05 for the next. ii) If the actual demand for period 8 is 121, forecast demand for period 7 using the same weights as in part (i)Step by Step Solution
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