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please answer a,b,c,d,e,f Joe Henry's machine shop uses 2,510 brackets during the course of a year. These brackets are purchased from a supplier 90 miles
please answer a,b,c,d,e,f
Joe Henry's machine shop uses 2,510 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: a) What is the EOQ? units (round your response to two decimal places). b) What is the average inventory if the EOQ is used? units (round your response to two decimal places) What would be the annual inventory holding cost? $ (round your response to two decimal places). c) Given the EOQ, how many orders will be made annually? orders (round your response to two decimal places) What would be the annual order cost? $ (round your responso to two decimal places) d) Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $ (round your response to two decimal places) e)What is the time between orders? days (round your response to two decimal places). 1). What is the reorder point (ROP)? units (round your response to two decimal places). b.Whal w tho average montory it the EOQ is triet? unds fround your response fo fore obcind places) What woud be the asnuat ifventary foldeng cont? (round your response to tao docimat places) Chiven the EOQ. how mary ordeis wa ba mado amuaty? orders pound your nesponse to fwo decmal pacesd d)civen twe COQ. What is twe Lial annua cost of manogng tordonng and habdna) the mwentory? eWhat os the tume betacen orders? dass fiound your tosponie to fwo decimat placey Step by Step Solution
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