Question: Problem 12.14 Question Help Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation Thomas's

Problem 12.14 Question Help Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation Thomas's fastest-moving inventory iter has a demand of 5,850 units per year. The cost of each unit is $104, and the inventory carrying cost is 59 per unit per year The average ordering cost is $31 per order it takes about 5 days for an order to arrive and the demand for 1 week is 117 units. (This is a corporate operation and there are 250 working days per year) a) What is the EOQ? units (round your response to two decimal places)

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