SportsCheck sells on average 10 soccer balls per day. The balls cost $60 and sell for $90.They are produced and shipped from abroad at a cost of $600 per shipment regardless of the size of the shipment. The inventory carrying cost is estimated to be 20% of the item cost per year.Currently the company orders soccer balls once a month. (Assume 30 days per month.)

What are the current policy Order quantity

Annual ordering cost

Annual holding cost

What are the economic order quantity

Annual ordering cost

Annual holding cost