please answer question 1.1

1.2

1.3

1.4

In each of the following questions only write down the letter that, in your opinion represents the correct answer, in the answer book provided. The following information refers to questions 1.1 - 1.5: Annual usage 7 000 units Lead-time 2 weeks Maximum requirements per week Minimum requirements per week Economic order quantity 180 units 120 units 1000 units 1.1 The re-order level is: 60 360 560 B C 160 260 1.2 The minimum inventory level is: 360 A B C 60 160 260 1.3 Average inventory level is: A 60 D 360 560 260 260 1.4 The order size (number of units) that should be ordered every time the company places an order resulting in the lowest total inventory cost for the period is.... 1 000 A B 600 1600 2600 None of the above C