Question: Please help to answer the question in EXCEL. Also, would you mind to do step by step? Thank you Question 2 (15 pts): A fast-food

Please help to answer the question in EXCEL. Also, would you mind to do step by step? Thank you
Question 2 (15 pts): A fast-food restaurant buys hamburger buns from a local bakery. To estimate its costs, the restaurant assumes now those buns are used at the constant rate of 100 per day and are purchased at $0.025 per bun. It costs $1 for each order placed and the annual inventory holding cost per unit is 25% of the unit purchase cost. Work on worksheet Q2 for the following questions: a) How much should be ordered (in whole number) each time to minimize the restaurant's total annual costs? And what is the length of order cycles (i.e. time between orders) in days given this economic order quantity? Assume the restaurant operates 360 days per year. b) If It takes 1 week for the supplier to deliver, what should be the reorder point for the restaurant (in whole numbers)Step by Step Solution
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