Part 4: Solve the following problems. (50 Points) 1. (15 p.) Given the following information for an important purchased part, compute the (a) EOQ. (b) total purchase cost, (c) annual holding cost, (d) annual order cost, (e) annual total cost. () reorder point, (g) number of orders placed per year and (h) time between orders. Plot the costs and the order quantity curves. Monthly demand = 350 units Order cost (S) $250 per order Holding cost (kC) - $8.5 per unit per year Unit cost (C) - $85 per unit Lead time (LT) - 12 days Number of days per year = 365 days