Victor Pimentel uses 1,500 units per year of a certain subassembly that has an annual holding cost of $45 per unit. Each order placed costs Victor $150. He operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order. For this subassembly, find:
a) Economic order quantity.
b) Annual holding cost.
c) Annual ordering cost.
d) Reorder point.