Question 1 Use this information to answer questions 1-5 ABC Co is a distributor of industrial fans. The annual demand for their mini-fan is 7,680 units. These fans cost $62 each. The annual carrying cost for their warehouse is 29% and for their in-transit shipping it is 16%. Their ordering costs are $20 per order. They operate 320 days per year. The in- transit shipping time for this item is 7 days. How many units are in the average in-transit inventory? 168 130 238 173 Question 2 What is the annual in-transit carrying cost? $1,290 $1,361 $1,666 $1,547 Question 3 2 pts What is the EOQ for this product? O 230 130 7 156 Question 4 21 What is the Total Annual Cost? $5,158.27 $8,666.56 $4,016.24 $2,350.24 Question 5 What is the cycle time for this product? O 18.6 days O 5.4 days O 59 days 0 24 days