Holstein Computing manufactures an inexpensive audio card (Audio Max) for assembly into several models of its microcomputers. The annual demand for this part is 100,000 units. The annual inventory carrying cost is $5 per unit and the cost of preparing an order and making production setup for the order is $750. The company operates 250 days per year. The machine used to manufacture this part has a production rate of 2000 units per day. Please answer the following POQ-related questions

1. What is the daily demand?
2. What is the optimal order quantity for the customer? (Please be sure to insert the daily demand you calculated in last question into the POQ formula)
3. How long will it take to produce the optimal order quantity?
4. What is the maximum inventory level (POQ is different from EOQ)?
5. What is the annual holding cost associated with the optimal order quantity?
6. What is the annual ordering cost associated with the optimal order quantity?