points A produce distributor uses $2,500$ packing crates a month, and each crate is purchased at a cost of $ $12.$ The manager has assigned an annual carrying cost of $30$ percent of the purchase price per crate. The cost of placing an order is $$240$Currently the manager orders once a month a $)$ What is the Economic Order Quantity $($ EOQfor this product? $(4$ pts$)$ b $)$ How much could the firm save annually in total holding and ordering costs by ordering at the EOQ level? $(8$ pts$)($Show the computations for the total holding and ordering costs in detail $)$