Question 7 FINC 2022 expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm's i nventory carrying costs is equal to 20 percent of the purchase price. (Assu me a 360-day year.) (10 marks) Question 7 FINC 2022 expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm's i nventory carrying costs is equal to 20 percent of the purchase price. (Assu me a 360-day year.) (10 marks)