Question: Please answer the second part, Questions 5-8, as I have the right answers for Questions 1-4. Thank you very much! Videoworld is a discount store

Please answer the second part, Questions 5-8, as

Please answer the second part, Questions 5-8, as I have the right answers for Questions 1-4. Thank you very much!

Videoworld is a discount store that sells color televisions. The monthly demand for color television sets is 100. The cost per order from the manufacturer is $600. The carrying cost is $64 per set each year. Assume a year has 360 working days. Determine the following values rounding to the nearest integer (answer them using only numbers without any sign such as the dollar sign, comma, ...): Q1. The optimal quantity per order: 150 Q2. The minimum total annual inventory costs: 4800 Q3. The optimal number of orders per year: 8 Q4. The optimal time between orders (in working days): 45 If the store had an inventory policy that allows shortages with the shortage cost per set estimated at $80, determine the following values: Q5. The optimal quantity per order when the store allows shortages: Q6. The optimal shortage level when the store allows shortages: Q7. The optimal number of orders per year when the store allows shortages: Q8. The optimal time between orders (in working days) when the store allows shortages

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