Fine Turf Company produces lawn mowers and purchases 5,400 units of a rotor blade part each year at a cost of $55 per unit. Fine Turfrequires a 10% annual rate of return on investment. In addition, the relevant carrying cost (for insurance, materials handling, breakage, etc.) is $4.50 per unit per year. The relevant ordering cost per purchase order is $120. Read the requirements. Requirement 1. Calculate Fine Turf's EOQ for the rotor blade part. 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) = Requirements 1. Calculate Fine Turf's EOQ for the rotor blade part. 2. Calculate Fine Turf's annual relevant ordering costs for the EOQ calculated in requirement 1. 3. Calculate Fine Turf's annual relevant carrying costs for the EOQ calculated in requirement 1. 4. Assume that demand is uniform throughout the year and known with certainty so that there is no need for safety stocks. The purchase-order lead time is half a month. Calculate Fine Turf's reorder point for the rotor blade part