Dave Attempting Perform Inventory Analysis One Popular Products Annual Demand Product 5 00 Q28063177

Dave is attempting to perform an inventory analysis on one ofthe most popular products. Annual demand for this product is 5,000units; unit cost is $150; carrying cost is considered to beapproximately 20% of the unit price. Order costs for the companytypically run nearly $50.00 per order and lead time averages 10days. (Assume a 250 working days during year) ___ 6. What is there-order point? a. 25 units b. 250 units c. 200 units d. 20 unitse. none ___ 7. What is the average inventory (choose the nearestvalue)? a. 28.87 b. 64.55 c. 19.37 d. 86.61 e. none ___ 8. What isthe total inventory carrying costs? a. $1,950 b. $1,936.46 c.$2,598.15 d. 3,227.50 e. none