Question: Problem 7-15 (Static) Economic ordering quantity with safety stock [LO7-5] Diagnostic Supplies has expected sales of 84,100 units per year, carrying costs of $5 per

Problem 7-15 (Static) Economic ordering quantity with safety stock [LO7-5] Diagnostic Supplies has expected sales of 84,100 units per year, carrying costs of $5 per unit, and an ordering cost of $10 per order. a. What is the economic ordering quantity? Economic ordering quantity b-1. What is the average inventory? Average inventory b-2. What is the total carrying cost? Total carrying cost units units

Supplies has expected sales of 84,100 units per year, carrying costs of

Problem 7-15 (Static) Economic ordering quantity with safety stock [LO7-5] Diagnostic Supplies has expected sales of 84,100 units per year, carrying costs of $5 per unit, and an ordering cost of $10 per order. a. What is the economic ordering quantity? b-1. What is the average inventory? b-2. What is the total carrying cost? Assume an additional 80 units of inventory will be required as safety stock. c-1. What will the new average inventory be? c-2. What will the new total carrying cost be

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