(i) In your own words, discuss how firms can improve their cash position. Question 3 Part (b) A company has annual demand for its product of 100,000 units. Each unit costs 3.00. Ordering costs are 110 per order and the annual holding cost per unit is 2. Required: (1) Using the above information calculate the EOQ. Show your workings. (i) Using the above information, determine if the optimum ordering quantity would change if the supplier offered a discount of 2% as long as at least 8,000 units were ordered each time. Show your workings (H) Recommend if the company should increase the number of units ordered