Question 17 (10 points] The annual demand, ordering cost, and the annual inventory carrying cost rate for a certain item are D = 600 units, 5 = $20Xorder and | = 30% of item price. Price is established by the following Quantity discount schedule. Range 1 Range 2 Range 3 Minimum quantity 1 50 250 250 and Quantity 1 to 49 50 to 249 up $5.00 per $4.50 per $4.10 per Price unit unit unit What is the actual order quantity for Range 2? What is the ordering cost for Range 2? What is the holding cost for Range 3? What should the order quantity be in order to minimize the total annual cost? What is the ordering cost for Range 3? What is the calculated order quantity.r (CF) for Range 1? What is the Total Inventory cost for Range 3? 126 133 140 What is the Total unit cost for Range 2? What is the actual order quantity for Range 3? What is the calculated order quantity (Q*) for Range 3? What is the actual order quantity for Range 1? What is the Total unit cost for Range 3? What is the holding cost for Range 2? What is the Total Inventory cost for Range 2? 10. 11. 12. $48 $2,700 $2,460 $2,880 $2,661.75 None