Consider the following inventory information and relationships for the F Beamer Corp.

a) Orders can only be place in multiples of 100 units

b) Annual unit usage is 300,000 (assume 50 week yr in calculations)

c) The carrying cost is 30% of the purchase price of goods

d) The purchase price is $10 per unit

e) The ordering cost is $50 per order

f) The desired safety stock is 1,000 units (does not include delivery time stock)

g) Delivery time is 2 weeks

Given this information 

1. What is the optimal EOQ level?

2. How many orders will be placed annually?

3. At what inventory level should a reorder be made?

4. Calculate carrying cost.