ools, which is located in Calendar in the Blackboard platform A valve manufacturer plans to produce 25,000 units of a special valve next year. The production rate is 100 valves per day, and the demand rate is 80 valves per day The setup costs $50.00 per run and the holding costs are $ 400 per unit per year Not lowed. This test can only be taken once. Multiple Attempts Force Completion This test can be saved and resumed later Your answers are saved automatically Question Completion Status: QUESTION 1 If the company producing this valve decides to allow backorders at a backorder cost of $2.00 per unit, what would be the optimum production quantity resulting from the decision to backorder? O 3062 O 1370 O 1420 2890 QUESTION 2 Assuming backorder is permited, the lead time is 5 working days, and there are 300 working days available per year. What is the reorder point? O 417 O 408 09 O 18