hey expert please read it full and answer in your own words minimum 250 words. Thank you.I will upvote if it's a perfect answer...

In week 11, we introduced the concept of inventory management and how to answer the 2 key questions that every inventory manager seeks. Those questions were "how much to order?" and "when to order more?". The plot below contains the answer to the question of "how much to order?" This is known as the Economic Order Quantity (EOQ) which optimizes the annual costs to the business associated with ordering (or producing) material, and the annual costs to the business for storing (stocking, carrying) that material for the lowest possible total annual cost to the business for carrying that component.

When you graduate from QAMM, imagine yourself landing a dream job in a role that focuses on inventory management (i.e. as an inventory planner), and one of your colleagues (also a recent graduate from some other college) is panicking about a recent change imposed on one of the parts that she is responsible for managing. The part of concern is a plastic container for which medications (pills, capsules, etc.) are filled into, for distribution to pharmacies. The regulatory body of pharmacologists decided that these plastic containers are suspect to degradation over time, and a new shelf life restriction has been placed on these plastic containers. I.e, the plastic containers must be disposed of after 10 weeks, and not used for sale or distribution. This new regulation has forced your colleague to adjust her buying/planning parameters for keeping the right amount of stock on the shelf. I.e. Your colleague must now buy lesscontainers, but more often, to ensure that the shelf life does not pass and cause excess scrap to the business.

Your colleague is now panicking! She wants to do a good job as a new graduate, and so do you! She wants to maintain the lowest cost of carrying this inventory, but these new regulations are affecting the EOQ. I.e. She must order less than the EOQ, and more often!

Studying the plot below, considering the EOQ for this part vs. the new smaller batch size (Q) imposed by the new regulation, what would you tell your colleague about the new situation? I.e. is her panicking warranted? Or can she remain calm, and report to her manager that the impact of this change is not going to be detrimental to the business? What do you think?

1. Start a new thread by writing (expressing) your opinion and explain your reasoning/logic to support your answer by referring primarily to the plot and the story that it tells. No minimum word count. Just be efficient and effective with your words.