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Agtek, a distributor of audio and video equipment, would like to determine their inventory policy for ther televisions. They buy their TVs from their supplier for $900 each The annual carrying cost for a TV is $190, the ordering cost is $2500, and the annual demand for this particular model TV is estimated to be 200 units [Assume 200 working days in a yearl. Part A: If Agtek efficiently orders60 TVs every time they place an order.and the shipments gets delivered in 5 days 1. What is the number of orders they place in a year? 11. Is this a Min-max policy? If yes, what is the Min and what is the max? 2. What is the time between their orders (in months, assume 12 months in a year)? 12. What is the ROP (reorder point)? 3. What is their order cycle time? 13. Is the ROP the same the Min? Is the ROP Min always? Why or why not? 4. What is their annual ordering cost? s. What is the average cycle inventory? 14. What is their annual inventory holding cost? 6. What is their safety stock? 15. What is their annual total inventory related costs? 7. What is their stock out cost? 8. What is the lead time associated with their order? 9. What is their demand during the lead-time? 10. Is this a periodic review or continuous review policy? Agtek, a distributor of audio and video equipment, would like to determine their inventory policy for ther televisions. They buy their TVs from their supplier for $900 each The annual carrying cost for a TV is $190, the ordering cost is $2500, and the annual demand for this particular model TV is estimated to be 200 units [Assume 200 working days in a yearl. Part A: If Agtek efficiently orders60 TVs every time they place an order.and the shipments gets delivered in 5 days 1. What is the number of orders they place in a year? 11. Is this a Min-max policy? If yes, what is the Min and what is the max? 2. What is the time between their orders (in months, assume 12 months in a year)? 12. What is the ROP (reorder point)? 3. What is their order cycle time? 13. Is the ROP the same the Min? Is the ROP Min always? Why or why not? 4. What is their annual ordering cost? s. What is the average cycle inventory? 14. What is their annual inventory holding cost? 6. What is their safety stock? 15. What is their annual total inventory related costs? 7. What is their stock out cost? 8. What is the lead time associated with their order? 9. What is their demand during the lead-time? 10. Is this a periodic review or continuous review policy