Q$19-18$ EOQ FOR A RETAILER. The Cloth Centre sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth, used in the manufacture of jeans and carrying bags. The supplier for the denim cloth pays all incoming freight. No incoming inspection of the denim is necessary because the supplier has a track record of delivering high$-$quality merchandise. The purchasing officer of the Cloth Centre has collected the following information:

LO $1$

EOQ$=1,789$ metres

$\backslash$table$[[$Annual demand for denim cloth,$20,000$ metres$],[$Ordering cost per purehase order,$$180$