17. Diagnostic Supplies has expected sales of 168,100 units per year, carrying costs of $4 per unit, and an ordering cost of $8 per order.

a. What is the economic ordering quantity?

Economic ordering quantity

units

b-1. What is the average inventory?

Average inventory

units

b-2. What is the total carrying cost?

Total carrying cost

Assume an additional 60 units of inventory will be required as safety stock.

c-1. What will the new average inventory be?

Average inventory

units

c-2. What will the new total carrying cost be?

Total carrying cost