120,000 pairs of shoes. The ordering cost is $250 per order. The annual carrying cost of a pair of shoes is $2.40 per pair. Required Requirement 1. Use the EOQ model to determine the optimal number of pairs of shoes per order. EOQ=QDP+2QCEOQ=(1+P)CDEOQ=C2DP Required 1.Use the EOQ model to determine the optimal number of pairs of shoes per order. 2.Assume monthly demand is 10,000 shoes and each month consists of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse OR2 reorder shoes? 3.Although OR2's average monthly demand is 10,000 pairs of shoes (120,000/12 months), demand each month may vary from the average by up to 20%. To handle the variation in demand, Clarkson has decided that OR2 should maintain enough safety stock to cover any demand level. How much safety stock should warehouse OR2 hold? How will this affect the reorder point and reorder quantity? 4.What is the cost of carrying the safety stock? Ment quality waiking snoes. After produc model to determine the number of pairs ig cost is $250 per order. The annual carrying cc