Question: & Problem 12.15 Question Help O Joe Henry's machine shop uses 2.450 brackets during the course of a year. These brackets are purchased from a

& Problem 12.15 Question Help O Joe Henry's

& Problem 12.15 Question Help O Joe Henry's machine shop uses 2.450 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: Annual demand 2,450 Holding cost per bracket per year $1.30 Order cost per order $18.75 Lead time 2 days Working days per year 250 a) What is the EOQ? 265.84 units (round your response to two decimal places). b)What is the average Inventory if the EOQ is used? units (round your response to two decimal places). What would be the annual inventory holding cost? $ (round your response to two decimal places). Enter your answer in the edit fields and then click Check Answer. ? 4 parts 4 remaining Clear All Check

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