Fisk Corporation is trying to improve its inventory control system and has installed an online system at its retail stores. Fisk anticipates sales of $121,500$ units per year, an ordering cost of $$12$ per order, and carrying costs of $$1\mathrm{.}6$ per unit.a$.$ What is the economic ordering quantity?Economic ordering quantity $($EOQ$)$unitsb$.$ How many orders will be placed during the year?Number of ordersc. What will the average inventory be$?$Average inventoryunitsd. What is the total cost of inventory expected to be$?$Total costs$29$ of $35$NextMcGiawPrevSearch