02) The manager of the specialized electronic store in Question 1 (1) considers using E0Q analysis to determine the order quantity for 22 mm lens in 2021 taking the inventory cost into account. He forecasts that the demand for 2021 will be 350 units Other relevant data is as follows: Each 22mm lens costs $1500 Annual holding cost is $300 per unit per year. Ordering cost is $400 per order a) What is the economic order quantity, EOQ? (2 points) b) What is the total annual cost of managing the inventory? (3 points) c) The manager considers another supplier which would reduce the ordering cost to 5300 but the holding cost would increase to $320. is the new supplier a better option? (2 points) Q3) The Travel Luggage Company "lug Pro" designs and manufactures several different styles of soft- and hardcover luggage, briefcases, hanging bags, and purses. The company has production facilities in two locations. Average monthly cost data and output levels are as follows. Dubai Abu Dhabi Finished Goods 120000 150000 Labor Cost 33000 38000 25000 30000 Material Cost Energy Cost 1000 1500 Logistics Cost 3000 4000 Rent Cost 1200 1500 a. Which factory has the highest labor productivity? (2 points) b. Which factory has the highest multi-factor productivity? (3 points) Give two examples reasons that explains productivity difference between these factories. (2 points)