Annual Requirement- 46875 invoice value- 0.45 Freight- 0.05 Ordering Cost - 25/order carrying cost- 12% of average stock 1 Calculate economic order quantity 2 What is the total handling cost for the year if the order quantity is $3000 and buffer stock is $1000? 3 If cost of ordering increases by 12% in the next year v,what will be the economic order quantity for the next year b? 4 After how many days should the next order be placed ?