Kamal Corporation sells 60,000 iPhone covers each year. These covers are sold evenly throughout the year. Ordering costs are $280 per order, and carrying costs are $2.10 per unit per year Read the requirements Requirement 1. What is the economic order quantity (EOQ) for ordering the covers? Begin by selecting the formula used to calculate EOQ. (D Demand in units for one year, P Ordering cost per purchase order, C Carrying cost of one unit in stock, Q Any order quantity) 2DP Round your answer to the nearest whole number.) The EOQ is 4,000 units. Requirement 2. What is the relevant total cost? Determine the formula used to calculate the annual relevant total costs. (RTC relevant total cost, D - Demand in units for one year, P Ordering cost per purchase order, C Carrying cost of one unit in stock, Q Any order quantity) DP QC Q 2 RTC+ Round your answer to the nearest whole number.) The RTC is 8400 Requirement 3. If the purchase-order lead time is 1 week, what is the reorder point? Determine the formula, then calculate the reorder point. (Enter any calculated number in the formula to two decimals, XXX. Round your answer to the nearest whole number.) Reorder point units