I need number 9 answered 8. You are managing a company that stocks and distributes hardware. The company employs two purchasing agents who receive combined salaries of $90,000. They process 6,000 purchase requests per year. Average inventory in storage is $600,000, and the total cost of running the warehouse is $200,000. You are told that the company purchases 5,000 hammers per year at a cost of $5.34 per hammer. A. Using the economic order quantity (EOQ) formula, how many hammers should be ordered at one time? B. If the hammer vendor stated that it would charge $5.00 per hammer if you ordered 200 or more at a time, what should you do? 9. Calculate the EOQ for exercise 8 if annual demand is 10,000 units, inventory storage costs average 20 percent, unit price is $50, and ordering costs are $30.