please solve operations management question above

A B D E F G H 1 K 2 3 MyOffice consumes 500,000 boxes of specialized sheets of fine ivory paper every year. Each box of paper costs $20. Processing an order is an involved and time consuming process and it costs $1500 to process each order. Storing this paper requires a specialized facility and holding costs are 36%. Assume a lead time of one week and that there are 250 working days in a year. (10 marks) 4 5 6 7 8 9 c 10 11 a. What order quantity minimizes my total inventory costs? b. What is the average inventory held during the year? What is the time between orders? d. What is the reorder point? e. How many orders are placed in a year? f. If it takes 1.5 cubic foot to store one box of paper, how large (in cubic feet) should the storage space be to accommodate the maximum quantity that MyOffice can hold? g. How will the total costs change of the supplier to MyOffice supplier can supply a maximum of 7000 boxes of that paper per ord. h. If the daily rate at which these boxes are restocked in the storage space is 5000/day, what is the maximum storage space required? 12 13 14 15 16 17 18 19