Just Right Dog Food is a very popular product at the Pet Shop in Ocho Rios. Demand for this is relatively constant, and the total MONTHLY demand is 2000 bags. The cost of a bag of dog food going into inventory is $300. The cost of placing an order is $50, while the holding cost is 1% of the Inventory Cost of a bag of the dog food. The store is open 300 days per year. Lead-time for an order to be filled is 5 days. What is the Optimal Inventory Control Policy you would recommend? This policy should include:
i. Economic Order Quantity
 ii. Annual Holding Costs  
iii. Annual Ordering Costs
 iv. Reorder Point  
v. Cycle Time (Days)