Question: Problem 21-9 Economic Order Quantity (LO3) Micro-Encapsulator Corp. (MEC) expects to sell 2100 miniature home encapsulators this year. The cost of placing an order from

Problem 21-9 Economic Order Quantity (LO3) Micro-Encapsulator Corp. (MEC) expects to

Problem 21-9 Economic Order Quantity (LO3) Micro-Encapsulator Corp. (MEC) expects to sell 2100 miniature home encapsulators this year. The cost of placing an order from its supplier is $210 Each unit costs $24.00 and carrying costs are 30% of the purchase price. a. What is the economic order quantity? (Round your answer to the nearest whole value.) units b. What are total costs - order costs plus carrying costs nearest whole dollar.) of inventory over the course of the year? (Round your answer to the Total costs of inventory $

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