Technology corporation expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate....

Q1. Technology corporation expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. Fixed ordering costs are 250$ per order; the purchase price per chip is $25 and the firm's inventory carrying costs is equal to 20% of the purchase price.(Asume a 360-year. what is the economic ordering quantity for chips?

1A. Base on question above, If the lead time for placing an ordrr is 10 days, and technology corporation holds a safety stock equal to a 30 day supply chip, then what inventory level should an order be placed