Question: . Question 2 (7 points) Country Kayaks Inc. is trying to improve its inventory control system and has installed an online system at its retail

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. Question 2 (7 points) Country Kayaks Inc. is trying to improve

Question 2 (7 points) Country Kayaks Inc. is trying to improve its inventory control system and has installed an online system at its retail stores. Country Kayaks anticipates sales of 90,000 units per year, an ordering cost of $9.80 per order, and carrying costs of $6.20 per unit Country Kayaks currently orders its stock in quantities of 1,200 per order Hint: Even though you cannot order a fraction of a unit, do ALL of your calculations to two decimals to maintain accuracy. 1. Is Country Kayaks currently minimizing its total inventory costs? Show your work to justify your answer. 2. What would the total cost of inventory be for the firm if it ordered its stock at the economic order quantity? (2 decimals)

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