slest 1uu pts possible The Cloth Center sells fabrics to a wide range of industrial and consumer users One of the products it carries is denim cloth, used in the manufacture of jesans and caryng bags The supplier for the denim cloth pays allincoming freight. No incoming inspection of the denim is naicessary because the supplier has a track record of delivering high-qualiny merchandise The purchasing officer of the Cloth Center has collected the following information EEB (Click the icon to view the information.) Read the requirements Requirement 1. Calculate the EOQ for denim cloth. Begin by selecting the formula used to calculate EQQ. (D -Demand in units for one year, Pi Ordering cost per purchase quantity ) 2DP Data Tabe (Round the denominator to the nearest cent.) Annual demand for denim cloth 21,000 yards Ordering cost per purchase order $175 Carrying cost per year Safety-stock requirementsNone Cost of denim cloth The purchasing lead time is 2 weeks. The Cloth Center is open 200 days a year (40 weeks for 5 days a week) The E500for denim ciat t kd yards 20% of purchase costs Requirement 2. Calculate the number of orders that will be placed each year $12 per yard Determine the formula used to calculate the number of orders that will be placed each year, then ca orders per year Print Done Requirement 3. Calculate the reorder point for denim cloth Determine the formula used to calculate the reorder point for denim cloth,then calculate the reorder pont Reorder point yards