Ch 13 Problem A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $ 3 per chip and ordering cost is $ 120. S is and H 1. Dis is 2. Calculate EOQ 3. The number of workdays in an order cycle (Q/Dx# work days) 4. How many times per year does the store reorder? D/Q 5. What is total cost if EOQ is ordered? 6. Holding Cost is now $5 per chip. Calculate a new EOQ and new total annual costs