ID #: Section #: Signature: Marks:10 On average I sell 150.000 units of furniture a year which I obtain from a wholesaler. I estimate that the cost to me of placing an order is $50 with the average inventory storage cost being 20% per year of the cost of a unit ($5). a) What would be the optimal order quantity (EOQ)? b) What would be the reorder level using EOQ? c) What would be the average inventory level per year? d) What would be the total cost of maintaining inventory using EOQ? e) I currently order 5 times a year. How much would I save by switching to the optimal order quantity as compared with my current policy of ordering 5 times a year? ok live.com/mail # inbox/id/AQMkADAwATY3ZmYAZS05YWMzLWEzNzktMDACLTAwCgBGAAAD7s9NIXMKGEKssu2v%2Bcf