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The Fresh Market Grocery's average annual demand for a side of beef is 720 units per year. Ordering costs are $25 per order with an

The Fresh Market Grocery's average annual demand for a side of beef is 720 units per year. Ordering costs are $25 per order with an aveage pruchaing price of $100. Annual inventory carrying costs are $40 per unit Required: a. Determine the economic order quantity, 30 b. Determine the total ordering costs for the EOQ calculated. 750 c. Determine the total carrying costs for the EOQ calculated. 1500

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