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Broadbent Industries carries a part that is popular in the manufacture of automatic sprayers. Demand for this part is 7,400 units per year; order costs

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Broadbent Industries carries a part that is popular in the manufacture of automatic sprayers. Demand for this part is 7,400 units per year; order costs amount to $70 per order, and holding costs total $3.50 per unit. The company is considering the implementation of an economic order quantity model in an effort to better manage its inventories. Required: A. Compute the economic order quantity. (Do not round intermediate calculations. Round your final answer to nearest whole number.) B. Compute total annual inventory costs if Broadbent follows the EOQ policy. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) A. Economic order quantity B. Total annual inventory costs

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