Question: Please only do #5 if you are only allow to do one. I believe the answer to #4 is 51. (04-05) LEE just opens the

Please only do #5 if you are only allow to do

Please only do #5 if you are only allow to do one. I believe the answer to #4 is 51.

(04-05) LEE just opens the gift store in Glassboro. He purchases cards from Hall Marks for $10 each box. Lee's gift store expects to sell 10 boxes of card a week. Lee's store estimates it cost them $5.00 to place an order, and holding cost is about 20% purchase cost per box. It usually takes 5 days to get each order because of its high demand. _04. What is the economic order quantity (i.e., EOQ) of inventory (Find nearest value)? _05. What is the annual total cost inventory cost per year (i.e. total ordering cost + total carrying cost)

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