The following questions about eoq based on the information provided. The PC Inc. buys circuits boards for its computer assembly.

annual demand, units/yr (D)	20,000
order cost or setup cost, per order (O)	$90
inventory carrying costs (annual) as of unit cost, %, (I)	0.20
unit cost, per unit (C)	$60
lead time (Days) (LT)	5
safety stock, units (SS)	40
days of a calendar year	250

Group of answer choices

reorder point is not $440

the total orders per year are 31

maximum inventory is 588

the minimum inventory is 0

annual inventory carrying costs are 3,766 units

eoq is $548

annual inventory carrying costs & order costs are $7,053

average inventory is 314