A manufacturing company produces a popular line of toys. The company is reviewing its inventory management strategy to reduce costs while ensuring they meet the constant high demand, especially during the holiday season. Discuss the following: a. (5 pts) Why would the company need to use an EOQ calclulation? Conceptually, when calculating the EOQ, which factors are being considered/compared? b. (5 pts) Why would the company use a reorder point? Which factors that must be considered when setting the reorder point? c. (5 pts) Conceptually, how could the EOQ and reorder points change based on variations in demand predictions or supplier lead times