3. The annual requirement of a part(R)is 15,000 units. The order cost(s) is $500 per order, and the holding rate(K) is 35 percent. Price offer by supplier Order Quantity 1-70 Units 71 to 150 Units 151 and more Price $13000 $10000 $8000 What is the optimal order quantity (EOQ) that will minimize the toth annual inventory cost for this component? What is the total annual inventory cost (TAIC)