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1. Use the following information to determine the implied fixed inventory ordering cost: . EOQ = 83.67 units Demand = 350 units Holding Costs =

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1. Use the following information to determine the implied fixed inventory ordering cost: . EOQ = 83.67 units Demand = 350 units Holding Costs = $3 . A. $0.36 B. $12.50 C. $25.00 D. $30.0 2. A firm has revenues of $8,000,000 and COGS = 50% of revenues. Receivables = $800,000, Inventory = $500,000, and Payables = $300,000. What is days' inventory held? A. 36.5 Days B. 45.6 Days C. 27.4 Days D. 54.7 Days 3. Use the following information to determine the implied inventory holding cost: EOQ = 95 units Demand = 350 units Fixed Ordering Costs = $5 A. $0.39 B. $12.50 C. $2.58 D. $2.56

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