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Fisk corporation is trying Homework a Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail

Fisk corporation is trying
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Homework a Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 58,800 units per year, an ordering cost of $4 per order, and carrying costs of $1.50 per unit a. What is the economic ordering quantity? units Economic ordering quantity b. How many orders will be placed during the year? Number of orders orders c. What will the average inventory be? Average inventory units d. What is the total cost of ordering and carrying inventory? Total cost

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