Question: The same scenario will be used for questions 1 - 1 0 . An auto parts shop carries an oil filter for trucks. The annual

The same scenario will be used for questions 1-10.
An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly 1200 units. The ordering cost per order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per year. The lead time is usually 12 working days.
Determine the annual total ordering cost
Group of answer choices
240
80
480
300
None of the above.
Flag question: Question 4
Question 41 pts
The same scenario will be used for questions 1-10.
An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly 1200 units. The ordering cost per order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per year. The lead time is usually 12 working days.
Determine the average inventory.
Group of answer choices
120
60
200
150
None of the above.

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