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the answer I need is for question 12 but if you can check if is 11 is correct I will appreciate it because they are
the answer I need is for question 12 but if you can check if is 11 is correct I will appreciate it because they are connected thanks
Question 11 4 pts Hi Tech Corporation (HTC) expects to order 295,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate Fixed ordering costs are $350 per order, the purchase price per chip is $32; and the firm's inventory carrying costs is equal to 18 percent of the purchase price. What is the economic ordering quantity for chips? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box 5,987.54 Question 12 4 pts Using the data from problem 11, HTC is able to negotiate a reduction in the fixed ordering costs to $250.00 per order, but HTC decides to carry a safety stock of 14 days of memory chip sales. With the reduced fixed ordering cost and the increased average inventory due to the safety stock carried, what is the additional total inventory costs due to the decision to balance out uncertainty by carrying the specified safety stock? Enter your answer rounded to two decimal places. Do not enter Sor comma in the answer box Foremo answer is $12.300.456 then enter as 12300,46 in the answer boxStep by Step Solution
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