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please help thank you :) EOQ, reorder point, and safety stock Alexis Company uses 790 units of a product por year on a continuous basis.
please help thank you :)
EOQ, reorder point, and safety stock Alexis Company uses 790 units of a product por year on a continuous basis. The product has a fixed cost of $12 por order and its carrying cost is $2 per unit per year. It takes 5 days to receive a shipment after an order is placed, and the firm wishes to hold 10 days' usage in inventory as a safety stock a. Calculate the EOO b. Determine the average level of inventory. (Note: Use a 365-day year to calculate daily usage.) c. Determine the reorder point. d. Indicate which of the following variables change if the firm doos not hold the safety stock: (1) order cost, (2) carrying cost, (3) total inventory cost (4) reorder point, (5) economic order quantity a. Alexis' EOQ is units. (Round to the nearest wholo number) b. Alexis' average level of inventory is units. (Round to the nearest whole number) c. Alexin roorder point is units. (Round to the nearest whole number) Which of the following will change if the firm does not hold the safety stock? (Select the best answer below) O A Total Inventory Cost, Reorder Point and Economic Order Quantity O B. Carrying Cool, Total Inventory Cout, and Reorder Point OC. Reorder Point, Economic Order Quantity, and Order Cost D. Order Cost Carrying Cost, and Total Inventory Cont Step by Step Solution
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