Question: PLEASE I WANT THE SECTION B ONLY. WITH A 600 WORDS!! Question 7: A) Adam Corporation is trying to improve its Inventory Control system and

PLEASE I WANT THE SECTION B ONLY. WITH A 600 WORDS!!

PLEASE I WANT THE SECTION B ONLY.

WITH A 600 WORDS!!

Question 7: A) Adam Corporation is trying to improve its Inventory Control system and has installed an online computer at its retail stores. Adam anticipates sales of 52,000 units per year, an ordering cost of $9 per order and carrying costs of $1.80 per unit. a) Calculate the Economic Order Quantity. b) How many orders will be placed during the year? c) What will the Average Inventory be? d) What is the total cost of ordering and carrying inventory? B) How does calculating the Economic Order Quantity help any organization to take better control of its assets especially Inventory? (600 words)

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