Question: Problem 2: (6 pts): A company has traditionally ordered engines from a supplier 80 units at a time (i.e: the order quantity is 80 units/order).

Problem 2: (6 pts): A company has traditionally ordered engines from a supplier 80 units at a time (i.e: the order quantity is 80 units/order). This company estimates that carrying cost is $ 15/unit/year, and that annual demand is about 2400 units per year. Question: for what value of the ordering cost (i.e, the cost/order) would the current order quantity be optimal? Show all the details and steps of your calculations

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