(Solution Library) Joe Henry’s machine shop uses 2,500 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The
Question: (15 points) Joe Henry’s machine shop uses 2,500 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets.
Annual Demand 2,500
Holding cost per bracket per year $1.50
Order cost per order $18.75
Lead time 2 days
Working days per year 250
- Given the above information, what would be the economic order quantity (EOQ)?
- Given the EOQ, what is the total annual inventory cost?
- What is the time between orders?
Deliverable: Word Document 
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[Solution Library] Wohl’s Discount Store stocks toy race cars.
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What are Rare Events? When do we Consider and Event to be Unusual? - MathCracker.com