PLEASE SHOW ALL WORK

Part II. Problems. Please show all your calculations for every problem. Please keep two decimals in each of your answers. 1. (12 points) The Olde Town Microbrewery makes Townside beer, which it bottles and sells in its adjoining restaurant and by the case. It costs $1700 to set up, brew, and bottle a batch of the beer. The annual cost to store the beer in inventory is $1.25 per bottle. The annual demand for the beer is 21,000 bottles and the brewery has the capacity to produce 30.000 bottles annually. a. (4 points) Determine the optimal order quantity for the Olde Town Microbrewery. b. (4 points) Determine the total annual inventory cost based on the optimal order quantity c. (2 points) Determine the number of production runs per year based on the optimal order quantity. d. (2 points) Determine the maximum inventory level based on the optimal order quantity