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
WS-Warriors Sports Store (WWSS) has an annual demand for 9800 tennis rackets. The cost
of purchase for each racket is $75. The ordering cost is estimated to be $85 and the annual
holding cost rate is 15% of unit cost. Order lead time is 12 days and the store is operating
260 days a year.
Question 1
Calculate the Economic Order Quantity for WWSS (round your answer to the nearest whole
number)
Question 2
Calculate the Total Annual Inventory Cost (TAIC) for WWSS if they currently use the EOQ to
order tennis rackets AND they keep two hundred rackets in inventory as safety-stock (round
your answer to the nearest dollar and do not include the '$' symbol in your answer)
 Use the description below for the next TWO questions WS-Warriors Sports

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