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Part $1$

The following information applies to Krynton Corp. which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.

Annual demand$($weekly demand$=1/52$ of annual$$ demand$)$

units

Orders per year as per EOQ model

Lead time in days

days

Annual relevant carrying costs

What are the annual relevant ordering$$ costs, assuming that relevant total costs are$$ minimal?