Business
Business, 02.08.2019 20:10, omar9844

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 6 comma 100 units per year. the cost of each unit is $104, and the inventory carrying cost is $9 per unit per year. the average ordering cost is $29 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 122 units. (this is a corporate operation, and there are 250 working days per year). a) what is the eoq? nothing units (round your response to two decimal places).

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