1. Orders must be placed in round lots of 100 units. 2. Annual unit usage is 200,000 . (Assume a 50 -week year in your calculations.) 3. The carrying cost is 25 percent of the purchase price. 4. The purchase price is $10 per unit. 5. The ordering cost is $500 per order. 6. The desired safety stock is 7,000 units. (This does not include delivery-time stock.) 7. The delivery time is 2 week. Given the foregoing information: a. Determine the optimal EOQ level. b. How many orders will be placed annually? c. What is the inventory order point? (That is, at what level of inventory should a new order be placed?) d. What is the average inventory level? f. If carrying costs double, what will happen to the EOQ level? (Assume the original sales level of 200,000 units.) What is the elasticity of EOQ with respect to carrying costs? h. If the selling price doubles, what will happen to EOQ? What is the elasticity of EOQ with respect to selling price? a. What is the optimal economic order quantity (EOQ) level? (Note that orders must be placed in round lots of 100 units.) units (Round up to the nearest hundred.)