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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

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 units per year. The cost of each unit is ? $ ? , ?and the inventory carrying cost is ? $ per unit per year. The average ordering cost is ? $ per order. It takes about days for an order to ? ?arrive, and the demand for 1 ?week is units. ? ( This is a corporate ? ?operation, and there are working days per ? ?year ) .
Part 2
? a ) ?What is the ? ?EOQ?
2 1 7 . 4 3 ?units ? ( round your response to two decimal ? ?places ) .
Part 3
? b ) ?What is the average inventory if the EOQ is ? ?used?
1 0 8 . 7 2 ?units ? ( round your response to two decimal ? ?places ) .
Part 4
? c ) ?What is the optimal number of orders per ? ?year?
enter your response here orders ? ( round your response to two decimal ? ?places ) .

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