materials handling, breakage, etc.$)$ is $$0\mathrm{.}16$ per unit per year. The relevant ordering cost per purchase order is $$43\mathrm{.}70.$

Read the requirements.

Requirement $1.$ Calculate Casper's EOQ for the wheel bearing.

EOQ$=\sqrt[\phantom{2}]{\frac{2DP}{C}}$

$($Round the denominator to the nearest cent and your final answer to the nearest whole number.$)$

Requirements

Calculate Casper's EOQ for the wheel bearing.

Calculate Casper's annual relevant ordering costs for the EOQ calculated in

requirement $1.$

Calculate Casper's annual relevant carrying costs for the EOQ calculated in

requirement $1.$

Assume that demand is uniform throughout the year and known with certainty

so there is no need for safety stocks. The purchase$-$order lead time is half a

month. Calculate Casper's reorder point for the wheel bearing.