A local distributor for a national car battery company expects to sell approximately 9,600 batteries next year. Annual carrying cost is AED 20 per battery, and ordering cost is AED 95. The distributor operates 266 days a year. Calculate the following and show all steps. All answers should be in whole numbers and no decimals. 1. Determine the Economic Order Quantity (EOQ)? (2.5 Marks) 2. How many times per year does the business reorder? (2.5 Marks) 3. What is the length of an order cycle? (2.5 Marks) 4. What will the total annual cost be if EOQ quantity is ordered? (2.5 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
