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6 points (II)ABC company uses 4600 units of product per year. The product has a fixed cost of $10 per order and its carrying cost

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6 points (II)ABC company uses 4600 units of product per year. The product has a fixed cost of $10 per order and its carrying cost is $0.50 per unit per year. It takes 5 days to receive a shipment after an order is placed. (use 365 day a year to calculate daily usage)(a)Calculate the EOQ, and Total Annual Supply Chain Cost. (b) Determine Cycle Inventory and Average Flow time (in days). (c) Determine the Reorder point or level and Re-order Interval (in days)

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