Question: Practice Problem 1 Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each. Annual demand is 7500 fan

Practice Problem 1 Custom Computers, Inc.

Practice Problem 1 Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each. Annual demand is 7500 fan assemblies, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $60. Assuming that the fan assemblies are ordered in quantities of 1500 units, calculate the following: a. Average inventory level b. The number of orders placed per year c. The total annual inventory holding cost d. The total annual ordering cost e. The total annual cost

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