Question: Use the description below for the next TWO questions WS - Warriors Sports Store ( WWSS ) has an annual demand for 9 8 0
Use the description below for the next TWO questions
WSWarriors Sports Store WWSS has an annual demand for tennis rackets. The cost
of purchase for each racket is $ The ordering cost is estimated to be $ and the annual
holding cost rate is of unit cost. Order lead time is days and the store is operating
days a year.
Question
Calculate the Economic Order Quantity for WWSS round your answer to the nearest whole
number
Question
Calculate the Total Annual Inventory Cost TAIC for WWSS if they currently use the EOQ to
order tennis rackets AND they keep two hundred rackets in inventory as safetystock round
your answer to the nearest dollar and do not include the $ symbol in your answer
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