Question: QueSUUNI UI 2 > >> stion 1 10 points Save Answer Given the following information for a purchased part, compute the (a) EOQ, (b) total

QueSUUNI UI 2 > >> stion 1 10 points Save Answer
QueSUUNI UI 2 > >> stion 1 10 points Save Answer Given the following information for a purchased part, compute the (a) EOQ, (b) total purchase cost, (c) annual holding cost, (d) annual order cost, (e) annual total cost, (f) reorder point, (g) number of orders placed per year and (h) time between orders. Monthly demand = 3,500 units Order cost (S) = $250 per order Holding cost (KC) = $8.65 per unit per year Unit cost (C) = $85 per unit Lead time (LT) = 12 days Number of days per year = 365 days

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