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Thomas Kratzer is the purchasing manager for the headquarters of a large insurance con inventory operation. Thomas's fastest - moving inventory item has a demand

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance con inventory operation. Thomas's fastest-moving inventory item has a demand of 6,100 units unit is $103, and the inventory carrying cost is $9 per unit per year. The average ordering about 5 days for an order to arrive, and the demand for 1 week is 122 units. (This is a col 250 working days per year).
a) What is the EOQ? 198.27 units (round your response to two decimal places).
b) What is the average inventory if the EOQ is used? units (round your response to t
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