operations management

Thomas Krater is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation Thomas's fastest moving inventory Item has a demand of 5,750 units per year. The cost of each unit is $102, and the inventory carrying cost is 59 per unit per year. The average ordering cost is 531 per order It takes about 5 days for an order to arrive, and the demand for 1 week is 115 units (This is a corporate operation, and there are 250 working days per year) INFOR 300-03 Question 4, Problem 12.14 Part 5 of 6 Homework: HW6 item has a demand of 5,750 units per year. The cost of each unit is 5102, and the inventory carrying cost is 59 per It takes about 5 days for an order to arrive, and the demand for 1 week is 115 units. (This is a corporate operation, a) What is the EOQ? 19903 units (round your response to two decimal places) b) What is the average inventory if the EOQ is used? 99.52 units (round your response to two decimal places). c) What is the optimal number of orders per year? 28.89 orders (round your response to two decimal places) d) What is the optimal number of days in between any two orders? 8.65 days (round your roolpinse to two decima e) What is the annual cost of ordering and holding inventory? $ 895.61 per year (round your response to two decir