Question 1 (12.5 points) You have 10 inventory items and your manager has stated that there should be 20% A items, 30% B items, and 50% C items. Based on the data below, which item would be an A item? Item number Projected annual usage Unit cost 1 5000 1 .25 2 8000 2 .24 3 4000 3 .65 4 2000 6.25 5 8000 3 .12 6 6000 4.56 7 1500 7.21 8 2500 9.2 9 12000 3 .58 10 6000 3 .01 Question 2 (12.5 points) You have 10 inventory items and your manager has stated that there should be 20% A items, 30% B items, and 50% C items. Based on the data below, which item would be a B item? Item number Projected annual usage Unit cost 1 5000 1.25 2 8000 2.24 3 4000 3.65 4 2000 6.25 5 8000 3.12 6 6000 4.56 7 1500 7.21 8 2500 9.2 9 12000 3.58 10 6000 3.01 Question 3 {12.5 points) What does x represent in the following graph? 0 Inventory level 0 Safety stock 0 Lead time 0 Demand Question 4 {12.5 points) What does y represent in the following graph? O Reorder Quantity 0 Inventory level 0 Lead time 0 Safety stock Question 5 (12.5 points) What is the Total Inventory Cost if the annual demand is 5,000 cases, unit cost is $3.80, ordering cost is $50 per order. and holding cost is 25%? C) $689.20 0 $1,012.92 0 $648.07 0 $348.53 Question 6 (12.5 points) What is the Economic Order Quantity {Q') if the annual demand is 15,000 cases, the unit cost is $3.80, the ordering cost is $50 per order, and the holding cost is 25%. Question 7 (12.5 points) What is the Inventory Position if there are 100 units on hand. 0 units as scheduled receipts and there are 10 backorders? O 110 O -10 O 200 Question 8 (12.5 points) What is the reorder point if you want to maintain at least a 99% service level, the average demand during a lead time is 10 units, and the standard deviation of demand during a lead time is 4 units