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2. Sarah's Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 1000 kg
2. Sarah's Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 1000 kg of palm oil per day, on average. The supplier charges a $60 delivery fee per order (which is independent of the order size) and $4.75 per kg. Sarah's annual holding cost is 25 percent. Assume she operates and sells 5 days per week, 52 weeks per year. a. If Sarah wants to minimize her annual ordering and inventory holding costs, how much palm oil should she purchase with each order (in kilograms)? b. If Sarah orders 4000kg with each order, what would be the annual sum of the ordering and holding costs? c. If Sarah orders 8000kg with each order, what would be the sum of the ordering and holding costs per kilogram sold? d. Sarah's supplier is willing to sell her palm oil at a 5 percent discount if she purchases 15,000kg at a time. If she were to purchase 15,000kg per order, what would be her annual sum of the ordering and holding costs
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