Question: Given the following information, formulate an inventory management system. The item is demanded 5 0 weeks a year. a . Determine the order quantity and

Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year.
a. Determine the order quantity and reorder point.
B. Determine the annual holding and order costs.
C. Assume price break of $50 per order was offered for purchase quantities of 2,400 or more units per order. If you took advantage of this price break, how much would you save annually?
Given the following information, formulate an inventory management system. The item

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