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Student/PlayerHome Discover Overwork and the... E Human Capital, Di... Omework PQ Native American S... Question 2, Problem 12.14 > Part 1 of 6 available jeffery
Student/PlayerHome Discover Overwork and the... E Human Capital, Di... Omework PQ Native American S... Question 2, Problem 12.14 > Part 1 of 6 available jeffery broussard HW Score: 51.82%, 10.36 of 20 points Points: 0 of 1 11/25/23 3:05 PM Save Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6,000 units per year. The cost of each unit is $97, and the inventory carrying cost is $11 per unit per year. The average ordering cost is $31 per order. It takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (This is a corporate operation, and there are 250 working days per year). a) What is the EOQ? units (round your response to two decimal places)
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