ABC Company manufactures kitchen products. ABC Company purchases 17,600 plastics sheets at a cost of $95 per plastic sheet each year. Relevant costs per purchase order are $168. Relevant carrying costs for insurance, material-handling, freight are $4.25 per plastic sheet per year. ABC Company requires a 15% annual rate of return on investment. Required: 1. Calculate ABC Company EOQ for the plastic sheets. (3 M) 2. Assume that demand is uniform through the year and known with certainty. Purchasing time is 2 weeks. Calculate ABC Company reorder point for the plastic sheets. (2 M) 3. Calculate ABC Company total ordering and carrying costs using EOQ. (4 M)