Question: Answer questions 3 - 7 according to the given information.Henderson Furniture sells reproductions of 1 8 th - century furniture. For a particular table, the

Answer questions 3-7 according to the given information.Henderson Furniture sells reproductions of 18th-century furniture. For a particular table, the assumptions of the inventory model with backorders are valid.Annual Demand: D =200 tables per yearInventory holding cost (as a percent of the item cost): I =25% per yearItem cost: C = $800 per tableOrdering cost: Co = $80 per orderBackordering cost: Cb = $50 per table per yearThe store is open 250 days a year.What is the economic order quantity that will minimize the total cost? Results are expected to be rounded to the nearest whole number.Group of answer choices132823145

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