Question: Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is 3,500 units; carrying

Rick Jerz is attempting to perform an inventory
Rick Jerz is attempting to perform an inventory analysis on one of his most popular products. Annual demand for this product is 3,500 units; carrying cost is $55 per unit per yoar; of company typically run nearly $60 per order; and lead time averages 5 days. (Assume 250 working days per year.) a) The economic order quantity is units (round your response to the nearest whole number). b) The average inventory is units (round your response to the nearest wholo number). c) The optimal number of orders per year is orders (round your response to the nearest whole number). d) The optimal number of working days between orders is days (round your response to two decimal places). e) The total annuat inventory cost (carrying cost + ordering cost) is $ (round your response to the nearest cent. f) The reorder point is units (round your response to the nearest whole number)

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