Question: plewse solve and show all work 18. The purchasing manager for a local Target store is responsible for making inventory decisions. The demand of Ziploc

plewse solve and show all work

18. The purchasing manager for a local Target store is responsible for making inventory decisions. The demand of Ziploc Sandwich bag is 6,000 boxes per year. The inventory holding cost is $10 per box per year. The average ordering cost is $30 per order. It takes about 5 days for an order to arrive. The store opens 360 days per year (a) What is the EOQ? (b) What is the average inventory if the EOQ is used? (c) What is the optimal number of orders per year? (d) What is the optimal number of days between any two orders? (e) What is the annual cost of ordering and holding inventory? (1) What is the reorder point

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