Oil-based products are a significant part of the materials used to build sailboats. what is likely to happen in the market for new sailboats and in the market for sails, if the price of oil begins to rise? a. equilibrium quantity will be larger in both; equilibrium price will be higher in bothb. equilibrium quantity will be lower for sailboats and higher for sails; equilibrium price will be higher for bothc. equilibrium quantity will be lower for sailboats and sails; equilibrium price will be higher for sailboats and the change in equilibrium price for salts is ambiguousd. equilibrium quantity will be higher sailboats and lower for sails; equilibrium price will be higher for sailboats but lower for sails

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?