Question: PLEASE SHOW ALL THE STEPS, thank you Question 4 (15 Marks): A publication company operates 260 days a year. The company uses an average of

PLEASE SHOW ALL THE STEPS, thank you

PLEASE SHOW ALL THE STEPS, thank you Question 4

Question 4 (15 Marks): A publication company operates 260 days a year. The company uses an average of 10 boxes of copier paper a day. Holding cost for the paper is $1 per year per package, and ordering cost is $10 per order. a. What order quantity would minimize total annual ordering and holding cost? b. Calculate the total annual inventory control cost using your order quantity from part a. C. Except for rounding, are annual ordering and holding costs equal at the EOQ? d. The office manager is currently using an order quantity of 100 packages. The partners of the firm expect the office to be managed in a cost-efficient manner. Would you recommend that the office manager use the optimal order quantity instead of 100 packages? Justify your

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