Question: (This problem description is for Questions 4-12) PBK is a campus coffee store that uses EOQ to manage its inventory of whole bean coffee, the

(This problem description is for Questions 4-12) PBK is a campus coffee store that uses EOQ to manage its inventory of whole bean coffee, the demand for which is known to be a constant 1,440 pounds/year. PBK's fixed cost associated with placing and receiving an order from its supplier is $18/order. Its purchase cost is $1/pound, and its estimated (unit) annual holding cost is $3.60 /pound/year (per pound per year). Suppose PBK's current policy is to order every 2 months (i.e., the order interval cycle is 2 months) (1 year has 12 months). What is the order quantity in pounds? 200 240 120 90 230 QUESTION 12 (This problem description is for Questions 4-12) PBK is a campus coffee store that uses EOQ to manage its inventory of whole bean coffee, the demand for which is known to be a constant 1.440 pounds/year. PBK's fixed cost associated with placing and receiving an order from its supplier is $18/order. Its purchase cost is $1/pound, and its estimated (unit) annual holding cost is $3.60 /pound/year (per pound per year). Suppose PBK's current policy is to order every 2 months (ie, the order intervalleycle is 2 months) (1 year has 12 months). What is the annual inventory cost? O 540 567 620 576 430 600

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