EOQ Thomas Corporation produces heating units. The following values apply for a part used in their...

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EOQ Thomas Corporation produces heating units. The following values apply for a part used in their production (purchased from external suppliers): D = 2,205 Q = = 105 P = $ 48 C = $ 4.80 Required: 1. For Thomas, calculate the ordering cost, the carrying cost, and the total cost associated with an order size of 105 units. If required, round your answers to the nearest cent. Ordering cost Carrying cost Total cost 1,008 252 1,260 2. Calculate the EOQ and its associated ordering cost, carrying cost, and total cost. If required, round your answers to the nearest cent. EOQ Ordering cost Carrying cost Total cost units 3. What if Thomas enters into an exclusive supplier agreement with one supplier who will supply all of the demands with smaller, more frequent orders? Under this arrangement, the ordering cost is reduced to $0.48 per order. Calculate the new EOQ. units EOQ Thomas Corporation produces heating units. The following values apply for a part used in their production (purchased from external suppliers): D = 2,205 Q = = 105 P = $ 48 C = $ 4.80 Required: 1. For Thomas, calculate the ordering cost, the carrying cost, and the total cost associated with an order size of 105 units. If required, round your answers to the nearest cent. Ordering cost Carrying cost Total cost 1,008 252 1,260 2. Calculate the EOQ and its associated ordering cost, carrying cost, and total cost. If required, round your answers to the nearest cent. EOQ Ordering cost Carrying cost Total cost units 3. What if Thomas enters into an exclusive supplier agreement with one supplier who will supply all of the demands with smaller, more frequent orders? Under this arrangement, the ordering cost is reduced to $0.48 per order. Calculate the new EOQ. units