The Cloth Banaza 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 jeans and carrying bags. The supplier for the denim cloth pays all incoming freight. No incoming inspection of the denim is necessary because the supplier has a track record of delivering high-quality merchandise. The purchasing officer of the Cloth Banaza has collected the following information: (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, P-Ordering cost per purchase order, C=Carrying cost of one unit in stock, Q=Any order quantity.) (Round the denominator to the nearest cent.) The EOQ for denim cloth is yards. 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. Requirement 3. Calculate the reorder point for denim cloth. Number of orders orders per year Determine the formula used to calculate the reorder point for denim cloth, then calculate the reorder point. Reorder point Choose from any list or enter any number in the input fields and then continue to the next question. e Clo eans plie (C ad th quir in b Requirements 1. Calculate the EOQ for denim cloth. 2. Calculate the number of orders that will be placed each year. 3. Calculate the reorder point for denim cloth. - X it carries is denim cloth, spection of the denim is r Banaza has collected the uni Print Done g cost per purchase order - - X und the denominator to the nea EOQ for denim cloth is uirement 2. Calculate the num rmine the formula used to cald + uirement 3. Calculate the reor mine the formula used to cald Annual demand for denim cloth Ordering cost per purchase order Carrying cost per year Safety-stock requirements Cost of denim cloth 26,400 yards $165 20% of purchase costs None per year. $9 per yard The purchasing lead time is 2 weeks. The Cloth Banaza is open 240 days a year (48 weeks for 5 days a week). Print Done se from any list or enter any number in the input fields and then continue to the next