Problem:
The Trektronics store begins each week with 240 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $57 per year and the fixed order cost is $121.
Required:
Question 1: What is the total carrying cost
Question 2: What is the restocking cost?
Question 3: Calculate the economic order quantity
Question 4: Calculate the number of orders per year.
Note: Please provide through step by step calculations.