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A manufacturer has a production facility that requires 13,852 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from

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A manufacturer has a production facility that requires 13,852 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 7 days. The unit purchase cost is $27.2 per unit. The cost to place and process an order from the supplier is $184 per order. The unit inventory carrying cost per year is 13.4 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer uses a constant order quantity of 2,084 units per order, what is the annual inventory cost? Use at least 4 decimal places. A manufacturer has a production facility that requires 10,148 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 11 days. The unit purchase cost is $31.4 per unit. The cost to place and process an order from the supplier is $139 per order. The unit inventory carrying cost per year is 25 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer wants to minimize its annual inventory cost, the manufacturer should use an order quantity of units per order. Use at least 4 decimal places

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