Question: Question 2 . Thomas Kratzer is the purchasing manager for the headguarters of alarge insurance company chain with a central inventory operation. Thomas's fastest -
Question Thomas Kratzer is the purchasing manager for the headguarters of alarge insurance company chain with a central inventory operation. Thomas's fastestmovina inventory item has a demand of units per vear. The cost of each unit is $ and the inventory carrying cost is $ per unit per vear The averacge ordering cost is $ per order It takes about days for an orde to arrive, and the deand for week is units. This is a corporate operation, and there are working days per year
al What is the EOQ?
b What is the optimal number of orders per year?
d What is the optimal number of days in between any two orders?
d What is the total annual inventory aost, induding the cost of the units?
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