5. l2 points) Ford and GM carry spare parts fortheir dealers at a third party warehouse in the Upper Peninsula {UPI of Michigan. Demand for
5. l2 points) Ford and GM carry spare parts fortheir dealers at a third party warehouse in the Upper Peninsula {UPI of Michigan. Demand for Ford spare parts is 100 units per month while demand for GM parts is 120 per month. Each spare part costs $100 and both companies have a holding cost of 20 percent. Currently, each company uses a separate truck to ship these parts. Each truck has a fixed cost of $650. What is the annual ordering and holding cost [sum of the two costs} for each company? The cost for Ford = The cost for GM =
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