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Micro-Encapsulator Corp. (MEC) expects to sell 10,000 miniature home encapsulators this year. The cost of placing an order to supplier is $50. Each unit costs

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Micro-Encapsulator Corp. (MEC) expects to sell 10,000 miniature home encapsulators this year. The cost of placing an order to supplier is $50. Each unit costs $10.00 and carrying costs are 10% of the purchase price. a. What is the economic order quantity? (Round your answer to the nearest whole value) 100 b. What are total costs - order costs plus carrying costs - of inventory over the course of the year (Round your nearest whole dollar.)

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