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Thomas Kratzer is the purchasing manager for the headquarlers of a large insurance company chain with a central inventory opernion. Thomas's fasinst-moving inventory item has

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Thomas Kratzer is the purchasing manager for the headquarlers of a large insurance company chain with a central inventory opernion. Thomas's fasinst-moving inventory item has a demand of 5,900 units per year. The cost of each unit is $102, and the inventory caerying cost is $9 per une per year. The merage ondering eost is $29 per order if takon about 5 days for an order to antive, and the demand for 1 week is 118 units. (This is a corporate operation, and there are 250 working days per year). a) What is the EOQ? unis (round your response to two decimal places). b) What is the average inventory if the EOO is used? units (round your response fo tho decimal places) c) What is the optmal number of orders per year? orders (round your response to two decimal places). d) What is the optimal number of days in between any two onders? days (round your nesponse to two docimal places). e) What is the annual cost of ordering and holding invertory? s per year (found your response to fwo ducimal places). 7) What is the fotal annual inventory cost, including the cont of the 5,900 unis? $ per year (round your response to hwo decimal places)

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