Price Line (PL) operates a megastore featuring sports merchandise. It uses an Economic Order Quantity (EOQ) decision model to make inventory decisions. It is considering inventory decisions for its Sydney Roar soccer jerseys product line, it is a trendy item. Data for 2022 are as follows Expected annual demand for Roar 9.000 ersays Ordering cost per purchase order $250 Carrying cost per year $8 per jersey Each jersey costs PL $50 and sells for $100. The $8 carrying cost per jersey per year consists of the required return on investment of $5.00 (10% x $50 purchase price) plus $3.00 in relevant insurance, handling, and storage costs. PL is open 365 days a year. The purchasing lead time is five (5) days. Required: A Calculate the EOQ. (3 marks) B. Calculate the required number of orders to place each year. (3 marks) c. Calculate the reorder point