Super Shirts (SS) operates a megastore featuring sports merchandise. It uses an EOQ decision model to make inventory decisions. It is now considering inventory decisions for its Los Angeles Galaxy soccer jerseys product line. This is a highly popular item. Data for 2020 are as follows: (Click the icon to view the data.) Data table urchase order, C = Carrying cost of one unit in stock, Q = Any order quantity.) Expected annual demand for Galaxy jerseys 6,000 Ordering cost per purchase order $150 Carrying cost per year $5 per jersey Each jersey costs SS $35 and sells for $70. The $5 carrying cost per jersey per year consists of the required return on investment of $4.20 (12% * $35 purchase price) plus $0.80 in relevant insurance, handling, and storage costs. The purchasing lead time is 6 days. SS is open 365 days a year. Print Done Requirement 1. Calculate the EOQ. Begin by selecting the formula used to calculate EOQ. (D = Demand in units for one year, P = Ordering cost per purchase order, C = Carrying cost of one unit in stock, Q = Any order quantity.) 2DP EOQ = C (Round your answer to the nearest whole number.) The EOQ is 560 jerseys. Requirement 2. Calculate the number of orders that will be placed each year. Determine the formula used to calculate the number of orders that will be placed each year, then calculate the orders per year. (Round your answer up to the nearest whole number.) Annual demand EOQ Number of orders 14,000 560 25 orders per year Requirement 3. Calculate the reorder point. Determine the formula, then calculate the reorder point. (Enter any calculated number in the formula to two decimals, X.XX. Round your answer to the nearest whole number.) Demand per day x Purchasing lead time (days) = Reorder point 38.36 x $ 5.00 = 192 jerseys