Question: Based on the above North Face retail store question, the store manager implemented a new ordering system that reduces the fixed cost of a replenishment

Based on the above North Face retail store question, the store manager implemented a new ordering system that reduces the fixed cost of a replenishment order from $30 to only $6. Please answer the following questions and show your calculations step by step
(1) What is the new optimal order quantity?
(2) What is the cycle inventory (or average inventory)?
(3) What is the annual ordering and holding costs?
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Annual demand (D)=50012=6000
purchasing cost per unit (C)=100? unit
fixed ordering cost per order (S)=6? order
Holding rate (h)=25%
=2SDhC2Q=266000225%100
 Based on the above North Face retail store question, the store

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