A) What is the EOQ? B) What is the average inventory if the EOQ is used? C) What is the optimal number of orders per year? round 2 decimal places D) What is the optimal number of days in between any two orders? round 2 decimal places E) What is the annual cost of ordering and holding inventory? round 2 decimal places F) What is the total annual inventory cost, including cost of the 6,000 units? round 2 decimal places

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6,000 units per year The cost of each unit is $103, and the inventory carrying cost is $11 per unit per year. The average ordering cost is $29 per order. It takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (This is a corporate operation, and there are 250 working days per year). a) What is the EOunits (round your response to two decimal places)