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Higgins Athletic Wear has expected sales of 2 2 , 5 0 0 units a year, carrying costs of $ 1 . 5 0 per

Higgins Athletic Wear has expected sales of 22,500 units a year, carrying costs of $1.50 per unit, and an ordering cost of $3.00 per order.
a. What is the economic order quantity?
Economic order quantity (EOQ) units
b-1. What is average inventory?
Average inventory units
b-2. What is the total carrying cost?
Total carrying cost
$
c. What is the total inventory cost?
Total inventory cost$
d-1. Assume an additional 30 units will be required as safety stock. What will the new average inventory be?
New average inventory units
d-2. What will the new total carrying cost be?
New total carrying cost
$
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