Use Simple EOQ model assumptions and find the following: (Round to the nearest whole number.) a) Replenishment Order Quantity b) Total Annual Cost c) Reorder Point d) Inventory Turnover

Given: Annual demand = 12,600 Cost to place an order = $350 Value of one unit of inventory = $400 COGS = $5,040,000 Std. Deviation of demand = 16 units/day Days in a year = 360 Cost of capital = 20% Carrying costs = 30% Lead-time = 4 days Annual Sales $ = $11,340,000 Average inventory = 1,000 units Pilferage costs = 1.2%