1. GreenBar sells a specialized communications device to a local university system. Estimated annual demand is 38,400 units. GreenBar orders products from a national distributor. Ordering cost is $24 per order placed. The procurement price for the device is $10 per unit. Annual inventory carrying cost per unit for GreenBar is 20% of the procurement cost. A. Assuming demand and supply are stable, what should be the order quantity for GreenBar to minimize the total costs of ordering and inventory carrying 2. GreenBar sells a specialized communications device to a local university system. Estimated annual demand is 38,400 units. GreenBar orders products from a national distributor. Ordering cost is $24 per order placed. The procurement price for the device is $10 per unit. Annual inventory carrying cost per unit for GreenBar is 20% of the procurement cost. B. Given the EOQ calculated in Q1 and assuming a 360-day year, how frequently should GreenBar place orders 3. GreenBar sells a specialized communications device to a local university system. Estimated annual demand is 38,400 units. GreenBar orders products from a national distributor. Ordering cost is $24 per order placed. The procurement price for the device is $10 per unit. Annual inventory carrying cost per unit for GreenBar is 20% of the procurement cost. C. What is GreenBars annual inventory carrying cost under EOQ? 4. GreenBar uses a third party carrier for inbound transportation of all 38,400 units. GreenBar orders products from a national distributor. Ordering cost is $24 per order placed. The procurement price for the device is $10 per unit. Annual inventory carrying cost per unit for GreenBar is 20% of the procurement cost.The carrier states that the shipping rate is $0.80 per unit for a shipment of 1,200 or more units due to better vehicle capacity utilization; the shipping rate is $1 per unit if the shipment size is under 1,200 units. D. What are the total logistics costs (including inventory carrying, ordering and transportation) if the shipment size is the same as EOQ. 5..GreenBar uses a third party carrier for inbound transportation of all 38,400 units. GreenBar orders products from a national distributor. Ordering cost is $24 per order placed. The procurement price for the device is $10 per unit. Annual inventory carrying cost per unit for GreenBar is 20% of the procurement cost.The carrier states that the shipping rate is $0.80 per unit for a shipment of 1,200 or more units due to better vehicle capacity utilization; the shipping rate is $1 per unit if the shipment size is under 1,200 units. E. What are the total logistics costs (including inventory carrying, ordering and transportation) if GreenBar uses the shipment/ordering size of of 1,200?