PROBLEM 7 Given: A carpet store stores and sells the "super shag carpet. The quarterly demand for this carpet is 2,500 metres, and the holding cost is 0.75 TL pa/metre. It costs them 150 TL to place an order with the manufacturers of the super shag. The store is open everyday of the year except Sundays, and three days of the year, when they take inventory of stocks. Required: a) Optimum order size b) Total annual inventory cost of "super shag" stock c) The number of orders placed with the manufacturer each year d) The order cycle time