Widget Co. has the following data available relative to its investment in materials:

Number of units of material used annually			20,000
Number of workdays in a year			250
Cost of placing an order			$20
Annual carrying cost per unit of inventory 1. Compute the economic order quantity 2. Give some examples of order costs and carrying costs. 3. If the company requires a safety stock of 200 units and has an anticipated lead time of 5 days, what is the order point			$5