Demand for a popular athletic shoe is nearly constant at 600 pairs per week for a regional division of a national retailer. The cost per pair is $50. It costs $60 to place an order, and annual holding costs are charged at 10% of the cost per unit. The lead time is 8 weeks.one year has 52 weeks
a. What is the EOQ?
b. What is the reorder point?
c. What is the cycle time?
d. What is the total annual cost?