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Jordin Henry's machine shop uses 2 , 5 3 0 brackets during the course of a year. These brackets are purchased from a supplier 9

Jordin Henry's machine shop uses 2,530 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:
Annual demand
2,530
Holding cost per bracket per year
$1.55
Order cost per order
$18.25
Lead time
2 days
Working days per year
250
Part 2
a)
What is the EOQ? 244.09244.09 units (round your response to two decimal places).
Part 3
b)
What is the average inventory if the EOQ is used? 122.05122.05 units (round your response to two decimal places).
What would be the annual inventory holding cost?$189.17189.17(round your response to two decimal places).
Part 4
c)
Given the EOQ, how many orders will be made annually? 10.3610.36 orders (round your response to two decimal places).
What would be the annual order cost?$189.06189.06(round your response to two decimal places).
Part 5
d)
Given the EOQ, what is the total annual cost of managing(ordering and holding) the inventory? $378.23378.23(round your response to two decimal places).
Part 6
e)
What is the time between orders? 24.1324.13 days (round your response to two decimal places).
Part 7
f)
What is the reorder point(ROP)? enter your response here units (round your response to two decimal places).

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