Problem 2 The inventory manager at The West Bend Bakery has never learned much about the mathematics of managing inventory. She uses a special flour for French bread that must be imported from Europe. She doesn't like the ordering process, so she orders 75 50lb bags of flour at a time. The lasts her, on average, 5 months. She asks you to help her decide if that is a good order quantity. You ask her some questions and determine that her per order cost is $150. The cost to hold the flour is $35 per 50lb bag per year. What is her annual demand in 50lb bags per year? bags/year What is the optimal number of bags to buy in an order, given her costs noted above? To determine how much she could save per year in inventory cost, first compute her current annual inventory cost Now compute how much she would pay if she changed to the EOQ. How much money would she save per year