Question: 2 . ( Continued from question 2 ) The three product managers have decided to aggregate and order all three types each time they place

2.(Continued from question 2) The three product managers have decided to aggregate and order all three types each time they place an order.
a. Evaluate the optimal order quantity (lot size) for each type (keep one decimal if needed).(3pt)
b. What is the total annual cost including fixed ordering cost, variable ordering cost, and inventory holding cost for the company (keep 2 decimals if needed)?(2pt)
c. Quantify using the total annual cost from Q1 c) and Q2 b) the impact of coordinated replenishment. Shall the managers coordinate their orders? (2pt)

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