a. Length of the basic ordering period For the data below, determine: Length of the basic ordering period b. The order quantity for each of the five items a. Order quantity 1 The following parameters of a set of products that are ourchased from a single supplier are given: Order quantity 2 b. Order quantity 3 3 4 5 Order quantity 4 Major set up A $60 carrying rater 24% Item 2 1 Annual Demand D 5000 30000 Minor ordering costa $25 $14 Value $50 $35 300 900 100 $9 $22 $18 Order quantity 5 V $17 $122 $395