Question: Question 1 ) ( 2 5 pt . ) A retall store sells 1 2 0 0 0 units of a product to its customers

Question 1)(25 pt.)
A retall store sells 12000 units of a product to its customers each year. They buy each unit from the supplier for 560 and wait about 3 days after placing the order for dellvery from the supplier. The setup cost for ordering this product is $12 per order, and the holding cost per unit per year is 5% of the unit purchasing cost. (Assume 200 working days per vear.) In order to minimize the total cost (holding cost plus setup cost):
A) What is the optimal order quantity?
B) How many orders should the store place per vear?
c) What is the reorder point?
D) What is the total annual cost (holding cost + ordering cost)?
 Question 1)(25 pt.) A retall store sells 12000 units of a

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