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Question 56 (2 points) Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly

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Question 56 (2 points) Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year. 365 relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/ pair stockout costs: $48 per stockout safety stock definitely required 100 pairs O 1.100 pairs 289 pairs 389 pairs 1.000 pairs

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