Amanufacturing company uses a special component available from a single supplier. Assume the product demand is constant and the product has the following characteristics: Annual Demand: 10,000 units per year Ordering Cost: $250 per order Annual Holding Cost: $15 per unit per year They currently order the item on a regular schedule with a consistent order of 250 items per order. Based on this policy document the following metrics: Average (cycle) Inventory: [Select ] Orders placed per Year: [Select ] Annual Order Cost [ Select ] Annual Holding Costs [Select] Now assume this company decides to implement an Economic Order Quantity (EOQ) process. What order level (rounded to a whole number) yields the lowest possible inventory cost? [Select ] Assume they must order in lot sizes of 10, so round the EOQ to the nearest lot size. Based on this modified policy document the following metrics: Average (cycle) Inventory: [Select] Orders placed per Year: [Select ] Annual Order Cost [Select ] A Annual Holding Costs [Select] What is the approximate annual savings from implementing this change? [ Select ]