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Doctor Smith's Dental Practice Inc. utilizes EOQ and reorder points (including safety stock) for managing their all-purpose desensitizer inventory. Calculate the total annual inventory costs

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Doctor Smith's Dental Practice Inc. utilizes EOQ and reorder points (including safety stock) for managing their all-purpose desensitizer inventory. Calculate the total annual inventory costs for allpurpose desensitizer given the following information. Economic Order Quantity (EOQ)=389 units Annual demand =1820 units Average demand =35 units per week Lead time =5 weeks Order setup cost =$125 per order Holding cost =$3 per unit per year Purchase cost =$25 Customer service level =90% Standard deviation of dally demand =2.24 units per week Lead time standard deviation =1.75 weeks Less than or equal to $46.000 Greater than $46,000 but less than orequal to $46,700 Greater than $46,700 but less than or equal to $47,400 Greater than $47,400

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