The lead time for part A is four weeks, the average demand is 200 units per week and safety stock in presently set at one week's demand The order quantity is 2,000 units, calculate the order point An item costing $10 is ordered in quantities of 500 units, annual demand is 5200 units. Carrying costs are 20% and the cost of placing an order is $50 Calculate the following Average Inventory Number of orders placed per year Annual Inventory Carrying Costs Annual Ordering Costs Total Annual Inventory Related costs Calculate the EOQ for the following: annual demand of 400,000 tem cost is $8, order cost is $32 and carrying cost are 20%. EOQ in Units Number of orders placed per year Annual cost of ordering, cost of carrying and total costs