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The Trektronics store begins each month with 775 phasers instock. This stock is depleted each month and reordered. Thecarrying cost per phaser is $23 per year and the fixed order costis $495.What is the total carrying cost? (Do not round intermediatecalculations and round your answer to the nearest whole number,e.g., 32.)Carrying costs $What is the restocking cost? (Do not round intermediatecalculations and round your answer to the nearest whole number,e.g., 32.)Restocking costs $Calculate the economic order quantity. (Do not roundintermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)Economic order quantity Calculate the optimal number of orders per year. (Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)Number of orders per year Should the company increase or decrease its order size?(Click to select)IncreaseDecrease