Question 2. Version A. An ABC inventory classification of a 20-item inventory resulted in a classification of (4,5,11) of inventory items and a total annual dollar usage of ($349852, $65156, $25785) for classes (A,B,C), respectively. Assume unit ordering cost is $135/order and unit carrying cost is $4/$/year. How many statements are correct? (A) 0 (B) 1 (C) 2 (D) 3 (E) 4 Statement 1. For an inventory policy of (22,14,11) which are the annual order frequencies for classes (A,B,C), respectively, the total annual order frequency is 279. Statement 2. The observed EPP for an inventory policy of (22,14,11) which are the annual order frequencies for classes (A,B,C), respectively, is approximately 41 for the entire inventory. Statement 3. The optimal inventory policy that minimized the total inventory cost is (36,14,6), which are the annual order frequencies for classes (A,B,C), respectively. Statement 4. For an inventory policy of (22,14,11) which are the annual order frequencies for classes (A,B,C), respectively, the minimum cost inventory policy will decrease the total inventory cost by approximately $8330.