What is the Total Annual Cost?

What is the cycle time?

A company sells a product that has an annual demand of 9,000 units. The purchase price is $15 per unit, and placing an order costs $25. The annual inventory carrying cost for the warehouse and in- transit shipping are 35% and 15% of the unit cost, respectively. In-transit shipping time for this item is 5 days. The company operates 360 days per year. How many units are in the average in-transit inventory? C 125 C 168 O 281 25 Question 7 2 pts What is the annual in-transit inventory cost? C $281.25 C $125 $659.25 C $263.70 Question 8 2 pts What is the EOQ for this product? C 293 C 130 230 35