is necessary because the supplier has a track record of delivering high-quality merchandise. The purchasing officer of the Grand Cloth Shop has collected the following information: (Click the icon to view the information.) Read the requirements Requirement 1. Calculate the EOQ for denim cloth. Begin by selecting the formula used to calculate EOQ.(D= Demand ir Data table (Round the denominator to the nearest cent.) The EOQ for denim cloth is yards. Requirement 2. Calculate the number of orders that will be placed ea Determine the formula used to calculate the number of orders that will Requirement 3. Calculate the reorder point for denim cloth. Determine the formula used to calculate the reorder point for denim cl == Requirements 1. Calculate the EOQ for denim cloth. 2. Calculate the number of orders that will be placed each year. 3. Calculate the reorder point for denim cloth