Thomas Corporation produces heating units. The following values apply for a part used in their production $($purchased from external suppliers$)$:

$D=6,480$

$Q=180$

$P=$$$21$

$C=$$$2\mathrm{.}10$

Required:

For Thomas, calculate the ordering cost, the carrying cost, and the total cost associated with an order size of $180$ units. If required, round your answers to the nearest cent.

Ordering cost

Carrying cost

Total cost

$$

Calculate the EOQ and its associated ordering cost, carrying cost, and total cost. If required, round your answers to the nearest cent.

EOQ

units

Ordering cost

Carrying cost

Total cost

$

per order.

Calculate the new EOQ.

units