A hypermarket store sells a popular soft drink with a constant annual demand of 24,000 cases.While placing an order, the hypermarket incurs a cost of $25 per order and receives its orderedcasesinstantaneously.Holdingcostsare$4.80percaseperyear.Thehypermarketisopensix (6) days a week and 52 weeks a year. Identify the following features of the inventory policy. (Please Provide Solutions)

1. Theoptimalorderquantityperorder
2. Theoptimal numberoforders peryear
3. Thetimebetween theordersindays
4. The minimumtotalannualinventorycosts
5. The reorderpoint if thesupplierneedsaleadtimeof nine(9)daystosupplytheorderinstead ofinstantaneousdelivery.