I need the answer to all parts please

AAQS011-4-2-PF Individual Project 1 Page 4 of 5 Questions. Question 1 a) The economic order quantity (EOQ) refers to the ideal order quantity a company should purchase in order to minimize its inventory costs, such as holding costs, shortage costs, and order costs. EOQ is necessarily used in inventory management, which is the oversight of the ordering, storing, and use of a company's inventory. Inventory management is tasked with calculating the number of units a company should add to its inventory with each batch order to reduce the total costs of its inventory. Required: - Discuss the importance of economic order quantity (EOQ) for a company with relevant examples. (25 marks) b) ABC Ltd. uses Economy Order Quantity (EOQ) logic to determine the order quantity for its various components and to plan the orders. The annual consumption is 100,000 units, cost to place one order is RM 1,520, cost per unit is RM 75 and carrying cost is 5.5% of unit cost. Required: - i. Find Economy Order Quantity (EOQ). (5 Marks) ii. Find the number of orders per year. (5 Marks) iii. Find Ordering Cost. (5 Marks) iv. Find Carrying Cost. (5 Marks) V. Find Total Cost of Inventory