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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
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 5,850 units per year. The cost of each unit is ?$96?, and the inventory carrying cost is ?$8 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 117 units.? (This is a corporate? operation, and there are 250 working days per? year). Part 2 ?a) What is the? EOQ? enter your response here units ?(round your response to two decimal? places)
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