The attorneys for the City of Hensley believe that a lawsuit filed against the city will be settled late in the next fiscal year. The attorneys believe that it is probable that the city will have to pay the claimants $30,000 to settle the lawsuit, but it is possible that it could be settled for as little as $15,000 or as much as $40,000. How much should the city accrue as a liability in the General Fund for its current fiscal year

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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?