Question: This is a subjective question, hence you have to write your answer in the Text-Field given below. A production shop uses ball bearings in most

This is a subjective question, hence you have to write your answer in the Text-Field given below. A production shop uses ball bearings in most of its material handling equipment. It buys ball bearings from a local supplier. The following information is known- [6] Annual demand, boxes Holding cost Rs/box/year Onder cost perorder, Rs/order Lead time, days 5,000 150 3000 a. Given the above information, what would be the Economic Order Quantity (EOQ? b. Given the EOQ. what would be the average inventory, and annual inventory holding cost? c. Given the EOQ, how many orders would be made each year, and what would be annual ordering cost? d. What is the time between orders? e. What is the reorder point? Options
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