Question 2: Assume that there are two items for which we wish to minimize the total cost: Item 1- A production facility can replenish product at a rate of 1000 units/week. Setup costs for each production run are given as $120. Holding costs are $0.25/$/year, and each unit costs $5, Item 2 with unit value of $30/unit and annual demand of 2000 units. Assume ordering and carrying charges are the same for both items. Using the cost function, and assuming ALL deliveries have to occur at the same time, find the optimal Q value for both items. (Hint: Write cost function in terms of T) Question 2: Assume that there are two items for which we wish to minimize the total cost: Item 1- A production facility can replenish product at a rate of 1000 units/week. Setup costs for each production run are given as $120. Holding costs are $0.25/$/year, and each unit costs $5, Item 2 with unit value of $30/unit and annual demand of 2000 units. Assume ordering and carrying charges are the same for both items. Using the cost function, and assuming ALL deliveries have to occur at the same time, find the optimal Q value for both items. (Hint: Write cost function in terms of T)