Amaron Products currently begins each sales cycle with 1,186,913 units in stock. This stock is depleted at the end of each sales cycle and then reordered. The firm currently places 2.29 orders per year The carrying cost per unit is $0.17 per year and the fixed order cost is $20,000 per order. Assuming there is no shortage cost for this firm. The average cost of each unit of inventory is $14.01.

	DATA INPUT
	Beginning inventory =	1,186,913	units
	Ending inventory =	0	units
	# Orders per year =	2.29	orders
	Carrying cost / unit =	$0.17	per year
	Fixed order cost =	$20,000	per order
	Average Inventory cost per unit =	$14.01	per unit

(a) What is the total carrying cost? (Round to the nearest whole dollar. (e.g., 1,234))
(b) What is the restocking cost? (Round to the nearest whole dollar. (e.g., 1,234))
(c) What is the total cost of current inventory policy? (Round to the nearest whole dollar. (e.g., 1,234))
(d) Calculate the economic order quantity. (Round your answer to the nearest whole number of units. (e.g., 1,234))
(e) Calculate the number of orders per year that would be required if the EOQ Inventory Policy were implemented. (Round your answer to 2 decimal places. (e.g., 32.16))
(f) What is the savings the firm would receive if it changed to EOQ inventory policy? (Do not include the dollar sign ($). Round to the nearest whole dollar. (e.g., 1,234)
(g) What would the expected Inventory account balance be if the firm switched to the EOQ inventory policy? (Do not include the dollar sign ($). Round to the nearest whole dollar. (e.g., 1,234)