3. The Economic Ordering Quantity (EOQ) Model Wizard Co. manufactures POS (Point of Sale) systems for the automotive service industry in the United States. You have the following data about the company: Data Collected Annual sales 125 systems per year Carrying costs 16% Price per unit $4,000 Fixed costs for each order $1,250 Based on the information given, what will be the economic ordering quantity (EOQ) for Wizard Co.'s inventory level? 44 units 16 units 22 units 48 units