Question: Phillip Flamm's Computer Store in Texas sells a printer for $180. Demand is constant during the year, and annual demand is forecasted to be 540

Phillip Flamm's Computer Store in Texas sells a printer for $180. Demand is constant during the year, and annual demand is forecasted to be 540 units. Holding cost is $35 per unit per year, whereas the cost of ordering is $65 per order. Currently, the company is ordering 12 times per year (45 units each time). There are 250 working days per year, and the lead time is 7 days.

a) Given the current policy of ordering 45 units at a time, the total of the annual ordering cost and the annual holding cost is $ ? (round your response to the nearest whole number).

b) If the company used the absolute best inventory policy, the total of ordering and holding cost is $ ? (round your response to the nearest whole number).

c) The reorder point is ? units (round your response to the nearest whole number).

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