ArcSite Electrical, which produces generators, purchases a component that is used in its generators directly from the supplier. The generator production operation requires a constant 800 components per month. It costs $36 to place each order. The unit cost is $4.80 per component, and the quarterly per-component holding cost is 5% of the value of the component. ArcSite operates 260 working days per year and the component supplier has a lead time of 6 days. (a) What is the optimal order size under the EOQ model? (b) What is the total cost of this inventory plan? (c) Determine the reorder point and cycle time.