Fan Banaza (FB) operates a meqastore teaturing sports merchandise It uses an EOQ decision model make inventory decisions It is now considenring inventory decisions tor its soccer jerseys product line This is a highly popular tem Data tor 2018 are E(Cack the icon to view the intormation) Each jersey costs FB $47 and sells for $87. The $14 carrying cost per jersey per year comprises the required retum on investment of $4.70 (= 10 % of $47 purchase price) plus $9 time is 7 days. FB is open 294 deys a vean 0 in relevant insurance, handling, and theft-related costs. The purchasing lead Required - X i Required Information Expected annual demand for soccer jerseys 39,900 Calculate the EOQ 1. Ordering cost per purchase order $190 Calculate the number ot orders that will placed each Carrying cost per year jersey Calculate the reorder point Requirement 1. Calculate the EOQ. Begin by selecting the formula used to calculate EOQ (D Demand in units for one year, P Ordering cost per purchase order, C Carrying cost of one unit in stock, Q Any order quantity) The EOQ for soccer jerseys isjerseys. (Round your answer to the nearest whole number.) Requirement 2. Calculate the number of orders that will be placed each year. (Round your answer up to the nearest whole number.) Determine the formula used to calculate the number of orders that will be placed each year, and then calculate the orders per year Number of orders orders per year Requirement 3. Calculate the reorder point. (Round the demand per day to two decimal places. Round your final answer up to the nearest whole number.) Determine the formula used to calculate the reorder point for the jerseys, and then calculate the reorder point. Reorder point jerseys