ECONOMIC+ORDER+QUANTITY+QUESTIONS - Microsoft Word ? - EX FILE HOME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW 16 Cut Find * Times New Ro * 12 - A A Aa - E AaBbCc AaBbCc AaBbCc] AaBbCc[ AaBl AaBbCCC AaBbCcl AaBbCcl BB Copy Cac Replace 41 4 Paste B I U * abe X x' A - Z . A. 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Format Painter Select - Clipboard G Font G Paragraph G Styles G Editing 1 . . . 1 1 . . . 2 . . . 1 1 . 3 . . . 1 . . . 4 . . . 1 1. . .6 . . 14 . 1 7 . . . 3. A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. The business operates for 300 days per year with a lead time of 6 days. Questions a. What is the approximate economic order quantity? | b. How many orders should be placed? c. What is the ROP for the computers? 4. A company that makes bicycles operates for 365 days per year. It produces 450 bicycles a month. It buys the tires for bicycles from a supplier at a cost of $20 per tire. The company's inventory carrying cost is estimated to be 15% of cost and the ordering is $50 per order. Lead time is 3 days. Calculate a. Economic Order Quantity b. Number of Orders to be made c. Time between orders 6 . d. Reorder point PAGE 3 OF 3 426 WORDS + 89% Type here to search O N W y 30'( ~ D G GA() 1:13 PM 11/2/2022