A product used in laboratory of the hospital costs $60 to order , and its carrying cost per item per week is one cent

A product used in laboratory of the hospital costs $60 to order , and its carrying cost per item per week is one cent. Demand for the item is A product used in laboratory of the hospital costs $60 to order , and its carrying cost per item per week is one cent. Demand for the item is six hundred units weekly. The lead time is three weeks and the purchase price is $0.60a)What is the economic order quantity for this item?b)what is the length of an order cycle?c)calculate the total weekly costs.d)what is the investment cost for this item?e)if ordering costs increase by 50 percent, how would that affect EOQ? f)what would be the reorder point for this item if no safety stocks were kept?g) what would be the reorder point if one thousand unit were kept as safety stock? 2) NO, YEARLY DEMAND, UNIT COST, ANNUALCARRYING RATE ORDERING COST NO YD UC ACR OC 1 104 $2,225.00 0.12 $6.00 2 260 $5,000.00 0.1 $5.00 3 728 $3,550.00 0.08 $12.00 4 1248 $1,205.00 0.12 $28.00 5 104 $11,100.00 0.02 $18.00 6 1040 $1,500.00 0.2 $32.00 7 780 $1,900.00 0.11 $50.00 8 884 $3,700.00 0.09 $12.00 9 780 $6,400.00 0.02 $35.00 10 520 $2,700.00 0.05 $12.00 A)perform basic EOQ ANALYSIS FOR EACH ITEM.B)CLASSIFY THE IMPLANT INVENTORY ITEMS ACCORDING TO THE ABC ANALYSIS.C)CALCULATE THE YEARLY INVENTORY MANAGEMENT COST.D)DETERMINE THE INVESTMENT COST(PER CYCLE) FOR EACH ITEM.

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