PLEASE HELP ME TO SOLVE THIS PROBLEM IM VERY LOST ON THIS SUBJECT, I WILL APPRECCIATE A LOT IF YOU SHOW ME STEP BY STEP

INVENTORY MANAGEMENT Problem 2 The Bike Company has a special line of mountain bikes. They have just been "tipped" th at the handlebars (a per-bike component) is about to increase its price. The information regarding the special line of mountain bikes is the following: Annual de mand = 15000 units Ordering cost = $1200 Carrying rate per dollar-year of inventory is 0.20 Current price of handlebars = $600 New price of handlebars = $700 Space required to store a bike = 1 cubic meter Space required to store a handlebars = 0.25 cubic meter Find: 3. (10 pts. Optimal lot size (Q*) that maximizes savings 4. (10 pts.) Compute the range of Q that yields positive savings 5. (15 pts.) Once acquired the handlebars they must be stocked in a warehouse that has an available space of 200 m3. How many units should the company order without violating this constraint? 6. (15 pts. Consider that the company has a budget of $10,000, how many units should the company order without violating this constraint