Requirement 1. Use the EOQ model to determine the optimal number of pairs of shoes per order. Begin by selecting the formula used to calculate EOQ. ( D= Demand in units for one year, P= Ordering cost per purchase order, C= Carrying cost of one unit in stock, Q= Any order quantity.) Requirements 1. Use the EOQ model to determine the optimal number of pairs of shoes per order. 2. Assume each month consists of approximately 4 weeks. If it takes 1 week to receive an order, at what point should warehouse OR2 reorder shoes? 3. Although OR2's average weekly demand is 2,625 pairs of shoes ( 126,00012 months 4 weeks), demand each week may vary with the following probability distribution: It a store wants shoes and UKL has none in stock, UKL can rush them to the store at an additional cost of $ per pair. How much safety stock should Warehouse OR2 hold? How will this affect the reorder point and reorder quantity