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(1) An architect firm uses an average of 60 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling

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(1) An architect firm uses an average of 60 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling costs for the paper are $30 a year per box, and its costs approximately $60 to order and receive a shipment of paper. (a) What quantity order size would minimize the total annual inventory cost? (b) Determine the minimum total annual inventory cost. (c) The office manager is currently using an order size of 300 boxes. The partners of the firm expect the office to be managed "in a cost-efficient manner." Would you recommend the manager to use your quantity from part (a) rather than 300 boxes? Justify your answer (by determining the total annual inventory cost for 300 boxes)

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