1)Amazon has an SKU costing $10 and is normally ordered in quantities of 800 units.The annual demand is 6,000 units, carrying cost is 20%, and the cost of placing an order is $100.Calculate the following for order quantities of 800 and 1,500 units.

For

Order Qty = 800

For

Order Qty = 1,500

A

Average inventory

B

# of orders placed per year

C

Annual inventory carrying cost

D

Annual ordering cost

E

Total Annual cost

2)Benny, the owner of Benny's warehouse, decides to establish an EOQ for an item. The annual demand is 400,000 units, each costing $8, ordering costs are $32 per order, and inventory-carrying costs are 20%.Calculate the following.

Show calculations and formula as well.

A

The EOQ in units

B

# of orders placed per year

C

Annual inventory carrying cost

D

Annual ordering cost

E

Total Annual cost

3)Visithttp://www.pitneybowes.com/us/location-intelligence/geographic-information-systems/mapinfo-pro.html .View the video, discover the features and capabilities then briefly summarizes what the software does and how it helps the company