The OM Shoe Co, maintains an inventory of shoes in a warehouse they rent locally. The monthly demand for shoes is 99 units. The shoes cost 527 per pair and the replenishment order is placed when the inventory renches a certain level. The cost of placing the replenishment order is estimated to be $47 . The annual inventory holding cost for each pair of shoes is 30% of the cost of the item.a . Based on the above data, calculate the EQ for the OPM Shoe Co