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Unformatted text preview: 3 What is the average inventory level? 4 What is the optimal number of orders per year? 5 How many days are there between orders? 6 What is the total inventory carrying and ordering cost? 7 What is the re-order point? 8 How much is saved per year by ordering the E.O.Q. amount? 9 If we take the savings from question # 8 (above) and apply that savings to 1000 inventory items, how much could we save in inventory ordering and holding costs . in one year?...
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- Fall '05