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Fisk Corporation is trying to improve its inventory control system and has installed an online system at its retail stores. Fisk anticipates sales of 78,000

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Fisk Corporation is trying to improve its inventory control system and has installed an online system at its retail stores. Fisk anticipates sales of 78,000 units per year, an ordering cost of $12 per order, and carrying costs of $130 per unit. In the second year. Fisk Corporation finds that it can reduce ordering costs to $3 per ordet, but carrying costs will stay the same at $1,30 per unit. 0-1. What is the economic ordering quantity for the second year? Economic ordering quantity (EOQ) units a-2. How many orders will be placed during the second year? Number of orders units .-3. What will the average inventory be for the second year? Average Inventory 0-4. What is the total cost of ordering and carrying Inventory for second yeur? Total costs $ b. Not available in connect

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