Question: Under the current daily demand pattern, what is the annual demand rate ( D ) ? Under the ordering policy currently in use , what
Under the current daily demand pattern, what is the annual demand rate (D) ?
Under the ordering policy currently in use, what is the average number of orders per year and the average annual ordering cost? 
Inventory Analysis Problem Seppa Firm Income Statement FY 2022 \begin{tabular}{|l|rr|} \hline Net Sales & $ & 800,000 \\ \hline Cost of goods sold & $ & 540,000 \\ \hline Gross profit & $ & 260,000 \\ \hline Operating expenses & $ & 87,000 \\ \hline Net income & $ & 173,000 \\ \hline \end{tabular} Seppa Firm Quarterly Balance Sheet FY 2022 \begin{tabular}{|l|rr|rr|rr|rr|} \cline { 2 - 8 } & \multicolumn{2}{|c|}{ 1st Quarter } & \multicolumn{2}{c|}{ 2nd Quarter } & \multicolumn{2}{c|}{ 3rd Quarter } & \multicolumn{2}{c|}{ 4th Quarter } \\ \hline Cash & $ & 37,000 & $ & 29,000 & $ & 26,000 & $ & 26,000 \\ \hline Accounts receivable & $ & 17,700 & $ & 10,800 & $ & 9,800 & $ & 11,800 \\ \hline \end{tabular} Inventory \begin{tabular}{|l|rr|rr|rr|rr|} \hline Finished goods & $ & 10,700 & $ & 11,500 & $ & 11,000 & $ & 11,000 \\ \hline Work in process & $ & 7,000 & $ & 5,300 & $ & 5,800 & $ & 6,200 \\ \hline Materials & $ & 8,200 & $ & 8,500 & $ & 7,900 & $ & 8,600 \\ \hline \end{tabular} \begin{tabular}{|l|ll|ll|ll|ll|} \hline Plant assets & $ & 520,000 & $ & 520,000 & $ & 510,000 & $ & 510,000 \\ \hline \end{tabular} The company operates 52 weeks every year Inventory Analysis Problem Seppa Firm Income Statement FY 2022 \begin{tabular}{|l|rr|} \hline Net Sales & $ & 800,000 \\ \hline Cost of goods sold & $ & 540,000 \\ \hline Gross profit & $ & 260,000 \\ \hline Operating expenses & $ & 87,000 \\ \hline Net income & $ & 173,000 \\ \hline \end{tabular} Seppa Firm Quarterly Balance Sheet FY 2022 \begin{tabular}{|l|rr|rr|rr|rr|} \cline { 2 - 8 } & \multicolumn{2}{|c|}{ 1st Quarter } & \multicolumn{2}{c|}{ 2nd Quarter } & \multicolumn{2}{c|}{ 3rd Quarter } & \multicolumn{2}{c|}{ 4th Quarter } \\ \hline Cash & $ & 37,000 & $ & 29,000 & $ & 26,000 & $ & 26,000 \\ \hline Accounts receivable & $ & 17,700 & $ & 10,800 & $ & 9,800 & $ & 11,800 \\ \hline \end{tabular} Inventory \begin{tabular}{|l|rr|rr|rr|rr|} \hline Finished goods & $ & 10,700 & $ & 11,500 & $ & 11,000 & $ & 11,000 \\ \hline Work in process & $ & 7,000 & $ & 5,300 & $ & 5,800 & $ & 6,200 \\ \hline Materials & $ & 8,200 & $ & 8,500 & $ & 7,900 & $ & 8,600 \\ \hline \end{tabular} \begin{tabular}{|l|ll|ll|ll|ll|} \hline Plant assets & $ & 520,000 & $ & 520,000 & $ & 510,000 & $ & 510,000 \\ \hline \end{tabular} The company operates 52 weeks every year
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