Question: please answer question 2! question 1 is provided for information 1) (5 points) A retailer consistently sells about 900 products per month. Each order has

please answer question 2! question 1 is provided please answer question 2! question 1 is provided for information

1) (5 points) A retailer consistently sells about 900 products per month. Each order has a setup cost of $200, a lead time of 3 days and the annual holding cost is $3 per unit. Calculate: a) The E00.0"; b) The inventory cost, IC, c) The average inventory level; d) The number of orders per year, e) and the ROP, assuming the retailer is open 300 days per year. In a sentence at the bottom of the page that convinces me you understand what all the results below mean, describe what the optimal inventory control policy is for this dad i.e., answer the standard inventory question - How much, and when using the results from a) through e) la) 1b) 1c) 1d) le) Part Answer 1.200 3,600 600 9 108 2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost equal to 20% of the purchase price). Assume that quantity discounts are available as in the table below: Order Quantity 0" Purchase Price $15.00 Effective Q TC Q

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