Question: Problem 1 ( 15 Points) A local distributor for a national tire company expects to sell approximately 10,110 tires of a certain size and tread

Problem 1 ( 15 Points) A local distributor for a

Problem 1 ( 15 Points) A local distributor for a national tire company expects to sell approximately 10,110 tires of a certain size and tread design next year. Annual carrying cost is $15 per tire and ordering cost is $65. The distributor operates 292 days a year. a. What is the EOQ? (Round your answer to a whole number.) a. l. = 2DS b. How many times per year does the store reorder? (Round your answer to two decimal points.) Number of orders per year: D/Q= c. What is the length of an order cycle? (Round your answer to two decimal points.) Length of order cycle: Q/Dx Days= d. What will the total annual carrying and ordering cost be if the EOQ quantity is ordered? (Round your answer to a whole number.) TC = Carrying cost + Order cost = (Q/2) H+ (D/Q) S =

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