The Chop Company produces lawnmowers and purchases 7,200 units of rotor blade parts each year at a cost of $60 per unit. Chop Machine requires a 12% annual rate of return on investment. In addition, the relevant carrying cost (for insurance, materials handling, breakage, etc.) is $1.80 per unit per year. The relevant ordering cost per purchase order is $100.

Requirement 1. Calculate Chop Machine's EOQ for the rotor blade part. Begin by selecting the formula used to calculate EQQ. (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)(Round your answer to the nearest whole number.)

Requirement 2. Calculate Chop Machine's annual relevant ordering costs for the EOQ calculated in requirement 1.

Requirement 3. Calculate Chop Machine's annual relevant carrying costs for the EOQ calculated in requirement 1. (Round all calculations in the formula to two decimals, XXX. Round your answer to the nearest whole number.)

Requirement 4. Assume that demand is uniform throughout the year and known with certainty so that there is no need for safety stocks. The purchase-order lead time is half a month. Calculate Chop Machine's reorder point for the rotor blade part.

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) (Round your answer to the nearest whole number.) The EOQ is units. \begin{tabular}{|l|r} 4 & Annualrelevantorderingcosts \\ \hline & = \\ \hline \end{tabular} Annual relevant x = carrying costs x =