2 MUTU 2020 Wrights bakery is seeking to improve its operations. The leading product of the bakery is the "Honey Cake" with an estimated annual demand of 1550 cakes. Each cake costs $100, and the carrying cost for each cake is 10% of the cost. The order cost of the ingredients is $300 which includes all administrative costs. The lead time is 6 days and the bakery is open 365 days per year. 1. What is the EOQ? 2. What is the Reorder point? 3. What is the annual carrying cost? 4. What is annual order cost