Question: The same scenario will be used for all questions.An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter
The same scenario will be used for all questions.An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly units. The ordering cost per order for the auto parts shop is $; the holding cost of carrying unit is $ per year. The shop has working days per year. The lead time is usually working days.Determine the economic order quantity.Group of answer choicesNone of the above. Flag question: Question Question ptsDetermine the number of orders placed in a yearGroup of answer choicesNone of the above. Flag question: Question Question ptsDetermine the annual total ordering costGroup of answer choicesNone of the above. Flag question: Question Question ptsDetermine the average inventory.Group of answer choicesNone of the above. Flag question: Question Question ptsDetermine the total carrying cost. Group of answer choicesNone of the above. Flag question: Question Question ptsBONUSDetermine the annual total relevant, including ordering and carrying, cost.Group of answer choicesNone of the above.
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