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Can you help me this question? AMA - $2 2020-2021 - Final exam - Part 2 Question 1 The Alpha Appliance company produces home appliance

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AMA - $2 2020-2021 - Final exam - Part 2 Question 1 The Alpha Appliance company produces home appliance product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $300 Relevant carrying costs per year: Required annual return on investment 10% Required other costs per year $2.80 Annual demand is 40,000 units per year. The purchase price per unit is $32. The purchase lead time is 10 days. Alpha Appliance opens 365 days a year. Required: a. What is the economic order quantity? (3 marks) b. Calculate the number of orders to be placed each year (3 marks) c. Calculate the reorder point (3 marks) d. What are the relevant total costs (ordering cost and carrying cost) at the economic order quantity? (3 marks) e. What are the relevant total costs (ordering cost and carrying cost) assuming the quantity ordered equals 500 units? (3 marks) f. Alpha Appliance is considering implementing a JIT production system. What nonfinancial and qualitative factors should Alpha Appliance consider when making the decision to adopt JIT production

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