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1 2 Jordin Henry's machine shop uses 2,520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away.
Jordin Henry's machine shop uses 2,520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets- Annual demand Holding cost per bracket per year Order cost per order Lead time Working days per year a) What is the EOQ7 units (round your response to two decima/ places) b)What is the average inventory if the EOQ is used7 units (round your response to two decima,' places) What would be the annual inventory holding cost? (round your response to two decimal places) C)Given the EOQ, how many orders will be made annuallyo orders (round your response to two decima/ places) What would be the annual order cost? (round your response to two decima,' places) d)Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? (round your response to two decima,' places) e)What is the time between orders? days (round your response to two decima/ places) O What is the reorder point (ROPP units (round your response to two decima/ places) 2,520 $140 $18 so 2 days 260
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