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Calculate the EOQ based on the following information: Annual demand for backpacks is 43,000 units The cost to place an order is $220 The per
Calculate the EOQ based on the following information: Annual demand for backpacks is 43,000 units The cost to place an order is $220 The per unit cost of the item is $60.00 The annual inventory holding rate is 37.5% Supplier lead time is 5 days Assume 1 year = 360 days O A. 917 B. 1058 C. 1205 OD. 1195 O E. 837 Based on the EOQ you found for ordering backpacks, calculate the reorder point: O A. 1058 B. 1211 O C. 1195 D. 917 O E. 597
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