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Joe Henry's machine shop uses 2, 520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away. The
Joe Henry's machine shop uses 2, 520 brackets during the course of a year These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: What is the EOQ? units What is the average inventory if the EOQ is used? units What would be the annual inventory holding cost? $ Given the EOQ, how many orders will be made annually? orders What would be the annual order cost?$ Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $ What is the time between orders? days What is the reorder point (ROP)? units
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