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Question 22 Painting Less Market Inc. has expected sales of 75,000 units a year, carrying costs of $1.20 per unit, and an ordering cost of

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Question 22 Painting Less Market Inc. has expected sales of 75,000 units a year, carrying costs of $1.20 per unit, and an ordering cost of $2 per order. a) What is the economic ordering quantity? (2 marks) b) What is average inventory? (1 mark) c) What is the total carrying cost? (2 marks) d) What is the total inventory cost? (4 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I Y S Paragraph Arial 10pt 5 X2 X2 &

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