[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. Entrepreneurial Personality: A set of personality traits or characteristics that are commonly found in successful entrepreneurs, such as risk-taking, creativity, and resilience. Need To Achieve: The personal quality, linked to entrepreneurship, of being motivated to excel and choose situations in which success is likely. Entrepreneurship: The act of creating, managing, and building a business venture to make a profit while taking on financial risks. Success: The achievement of set goals, targets or intended outcomes, often marked by performance or attainment in personal or business endeavors.