Inventing Problems 1. Dawghert's Kihhle sells E000 packages of pet treats per month. l[llrder cost is $45 per order and the holding cost is $2 per package. Marks = 3 a) What is the economic order quantity? b) What is the EOQ if the holding cost is $4? 2. Stanek's SUP-er Widgets sells 400 Units per year of its Model S. The holding cost is $5 per unit per year and the ordering cost is 1849. Marks = 3 a) How many units should be ordered each time to minimises the total cost? b) Calculate the optimum order quantity it" the holding ctr-st was $6 per Unit. 3. Bossas' Bearings Ltd. operates for 250 days per year. The quick moving inventory requires 6.000 mpher bearings per year. with a Weekly demand of 120 units. The cost of each unit is $100. The cost for each order is $30 with a ve lead-time required for the order to arrive on site. The carrying cost is $10 per year per unit. Marks = 4 a) Calculate the economic order quantity. If the EOQ is used, what is the average inventory? b) Calculate the number of orders per year and the number of days between any two orders. c) What is the annual carrying costs? Annual holding costs? d) Calculate the total annual inventory cost, includes the cost of 6,000 units