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Alpha Limited employs the Economic Order Quantity ( EOQ ) model to determine order quantities for its components. The annual consumption for a particular component

Alpha Limited employs the Economic Order Quantity (EOQ) model to determine order quantities for its components. The annual consumption for a particular component is 90,000 units, the cost to place one order is Rs.1,500, the cost per unit is Rs.70, and the carrying cost is 9% of the unit cost.
i. The Economic Order Quantity (EOQ)
ii. The number of orders per year
iii. Ordering cost
iv. Carrying cost
v. Total cost of inventory

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