partial credit, E20-21 (similar to) Question Help Wonder Line Wonder Line ( WL WL) operates a megastore featuring sports merchandise. It uses an EOQ decision model to make inventory decisions. It is now considering inventory decisions for its Los Angeles Galaxy soccer jerseys product line. This is a highly popular item. Data for 2017 2017 are as follows: LOADING... (Click the icon to view the data.) Read the requirements LOADING... . Requirement 1. Calculate the EOQ. Begin by selecting the formula used to calculate EOQ . (D equals =Demand in units for one year, P equals =Ordering cost per purchase order, C equals =Carrying cost of one unit in stock, Q equals =Any order quantity.) ModifyingAbove EOQ equals StartRoot StartFraction 2 DP Over Upper C EndFraction EndRoot With Subscript EOQ= 2DP C (Round your answer to the nearest whole number.) The EOQ is jerseys. Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Check Answer Data Table Expected annual demand for Galaxy jerseys 7,000 Ordering cost per purchase order $ 245 Carrying cost per year $ 7 per jersey Each jersey costs WL WL $ 40 $40 and sells for $ 80 $80. The $ 7 $7 carrying cost per jersey per year consists of the required return on investment of $ 4.40 $4.40 ( 11 11% x $ 40 $40 purchase price) plus $ 2.60 $2.60 in relevant insurance, handling, and storage costs. The purchasing lead time is 8 8 days. WL WL is open 365 days a year. PrintDone