Activity: Comprehensiw with safety stock at EOQ Mark 4 The following items relate to stock item Nethen: Estimated usage for per annurn [2 orders per armum of 2,500 units) = 5,004] units Cost of placing each order = $14.41] Fixed ordering, receiving and reordering cost = $,{) per armurn Cost of holding one unit per annum = $1.{} Current policy is to order twice a year Required: a) Determine the Economic Order Quantity for product Nethen. b) Savings if any, if you order the Economic Order Quantity, rather than maintaining the current policy of two orders per year