[Solved] Ralph was in the process of completing the quarterly planning for the purchasing department when a major computer malfunction lost most of his data. For direct material XXX he was able to recover the following: Ralph purchases at the EOQ quantity level. Required: Determine the annual demand, the cost of placing an order, the annual carrying cost of one unit, and the economic order quantity. Ford Motor Company: An American multinational automaker founded by Henry Ford, known for revolutionizing the automobile industry with its assembly line production method. Homogeneous Oligopoly: A market structure in which a few companies sell products that are identical or very similar. Interproduct Competition: Refers to the competition between different products that serve as substitutes for each other, catering to the same customer needs but perhaps with different characteristics or price points. Industrial Alcohol: Alcohol produced for use in industrial applications, such as solvents, fuel, and raw materials for chemical synthesis, rather than for consumption.