Please use data and information to answer question #$9.7.$ Given the following information, calculate the EOQ: a$.$ Annual demand $=2,000,000$ b$.$ Cost or ordering $=$$ $52$ c$.$ Carrying costs $=45\%$ d$.$ Item cost $=525$

$[$ E O Q$=()((2)2,000,000*52)/(0\mathrm{.}45*525)$; EOQ $=938\mathrm{.}3104938$ units $]$

$8.$ Using the information in #$7$ what is the number of annual orders? Number of annual orders $=$D $/$ EOQ$=2,000,000/938$ Number of annual orders$=2132.2$ or $2132$ orders $9.$ If the company in #$8$ uses exponential smoothing $($smoothing factor $=\mathrm{.}6)$ and the forecast for the year is the figure they use for EOQ calculations, calculate the EOQ using the following information: a$.$ The cost of ordering and carrying cost $\%$ are the same as # $7$ b$.$ Starting with $2020,$ Forecast the $2022$ demand using exponential smoothing and then use that forecast as the annual demand to calculate the EOQ.