1. What is the total annual cost of the present ordering policy for part number 650810/ss/R9/o? 2. What would be the lot size for part number 650810/ss/R9/o if FabQual were to use an economic order quantity (EOQ)? 3. What would be the total annual cost of using an economic order quantity for part number 650810/ss/R9/o? 4. What would be the reorder point for part number 650810/ss/R9/o if FabQual wanted a delivery performance of 95 percent? What would it be if the company wanted a delivery performance of 99 percent? 5. Under the present schemeordering 1300 units each month in the first week of each monththere are typically 700 to 800 units on hand when the new batch of 1300 units arrives toward the end of each month. What would be the impact on the overall inventory level of part number 650810/ss/R9/o of a change from the present order policy to an EOQ-based policy? 6. What are other implications of a change from the present scheme to one based on the economic order quantity? If this part is representative of a great many spare parts, what would be the overall impact?