Question: Please help me .. I will give good rating . Please Ting Tong Enterprise has estimated that it requires 25,000 units of teddy bears as

Please help me .. I will give good rating . Please

Ting Tong Enterprise has estimated that it requires 25,000 units of teddy bears as its inventory for the following year. One unit of teddy bear will be purchased at RM 7.50. The supplier will deliver the order 14 days after it has been placed. Costs per order are estimated at RM 125 and carrying cost will be 15% of the purchased price. Usually the company carries 2,000 units of safety stock. The company works 360-day per year. i. Determine the optimal EOQ. Order must be placed in 100 units. (2 marks) ii. How many orders will be placed annually? (2 marks) What is the average inventory? (2 marks) What is the company's total inventory cost for the year? (4 marks) iv

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