Question: Question 2 5 pts A special construction hardware store sells 100 units per fortnight of a special heating system installation kit. The unit cost of

Question 2 5 pts A special construction hardware store sells 100 units per fortnight of a special heating system installation kit. The unit cost of the installation kit to the store is $950 and the cost of placing an order has been estimated to be $2200. The store uses an inventory carrying charge of 10% per year (holding cost is.10*950). Assuming the average quantity is used as the basis for holding cost, answer the following questions: (Please fill in the blank with numbers(integer only) and words (lower case only) as appropriate. What is the optimum size order quantity for this installation kit? units How many times order should be placed per year? times What is the reorder point based on the inventory level for this product? Given a purchase usually takes one week to arrive units Decreasing holding cost will (increase, decrease) the number of purchases per year. (please only use only lower case letters)

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