ECONOMIC ORDER QUANTITY MODEL (EOQ MODEL) Need help with 2-9, please show formulas/equations used. Thank you!

Assuming that the department places orders with quantity (Q) equal to the optimal economic order quantity (Q*), compute the following:

• the number of orders that will be placed each year,
• the total annual ordering cost,
• average annual inventory (in units),
• the total annual carrying cost,
• total annual inventory costs (annual ordering costs + annual carrying costs) and
• the reorder point in units (roundup to nearest whole number using roundup function)

D F H T J K L M N 0 A 1 Assumption Inputs: Annual Demand (DI Ordering Cost/Order SI Annual Carrying Cost/ unit (H] Order Lrad time 6 Days/Year 365 10 11 50 13 14 Inventory Policy Outputs: System 1. Optimal Order Quantity o Number of Orders 3. Annual Order Cost 4. Average inventory (units) 5. Annual Carrying Cost 6. Total Cost 7. Daily Demand 8. Reorder Point I 16 17 18 20 21 P System: 9. Fixed Period 23 30