The Problem: 1. Alexandria Electronics stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 20,000 units. The company estimates its annual holding cost for this item to be L.E. 25 per unit. The cost to place and process an order from the supplier is L.E. 75. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) Find the economic order quantity. b) Find the annual holding costs. c) Find the annual ordering costs. d) What is the reorder point? 2. Recalculate the previous results if the warehouse manager of the company decides to consider a 1% risk level of stock-out (assume a suitable value of sigma). Submission: Write a report that should not be less than 3 pages (use figures and graphs whenever necessary). a) Send your report via Moodle Platform b) Always list down the references you've used at the end of your memo report, if any. c) Work alone. This is not a group assignment. d) Always use the assignment form provided in the course web site to submit your feedback