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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

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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 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 merchand se. The purchasing officer of the Cloth Center 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-Carry ng cost of one urit in stock. Q-Any order quantity. Data Table Round the denominator to the nearest cent.) is yards. The EOQ for denim cloth Annual demand for denim cloth 40,700 yards Requirement 2. Calculate the number of orders that will be placed each year Ordering cost per purchase order $185 Carrying cost per year Determine the formula used to calculate the number of orders that will be placed each year, then calculate the orders per year 10% of purchase costs None - Number of orders $11 per yard Cost of denim cloth orders per year The purchasing lead time is 2 weeks. The Cloth Center is open 220 days a year (44 weeks for 5 days a week). 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 point Print Done - Reorder point yards Choose from any list or enter any number in the input fields and then continue to the next

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