As the operations manager for a warehouse you determine that you use 48,000 light bulbs each year. Recently, your supplier came with the offer of a discount. The discount table is shown below. Assuming that you have enough space to store the required lightbulbs and the ordering cost is $49.00 per order. The inventory carrying charge as a percentage of cost is 15%.

discount	discount range	unit price
1	1-999	$ 1.25
2	1000-2000	$1.22
3	2001-2500	$1.21
4	2501-3000	$1.20
5	3000+	$1.19

a.) Determine the Annual ordering cost of discount number 2.

b.) Determine the Annual holding cost for discount number 3.

c.) Determine the order quantity that will minimize the total inventory cost and the value of the lowest total inventory cost.