Question: Question 3 ( 1 0 marks ) Acme Industries is currently experiencing problems with its inventory of anvils. Its manager, Willy coy currently orders the

Question 3(10 marks)
Acme Industries is currently experiencing problems with its inventory of anvils. Its manager, Willy coy
currently orders the anvils in batches of 10,000. Four orders are placed during the year to meet the
estimated sales demand of 40,000 units. Each order costs $20 and each unit costs $2 to carry. Mr. Coy
maintains a safety stock of 500 anvils.
Required:
a. What are Acme's total annual costs (TC of inventory under its current ordering policy?
Question 3(10 marks) Acme Industries is currently experiencing problems with its

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