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Question content area Part 1 Leilani Lavender's law office has traditionally ordered ink refills 7 0 units at a time. The firm estimates that carrying

Question content area Part 1 Leilani Lavender's law office has traditionally ordered ink refills 70 units at a time. The firm estimates that carrying cost is 40% of the $11 unit cost and that annual demand is about 240 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its action be optimal? Part 2a) For what value of ordering cost would its action be optimal?

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