(i) Your company has compiled the following data on the small set of products that cornprise the speclaity repair parts division. Perform ABC analysis on the data. Which products do you suggest the firm keep the tightest control over? Explain. [6M] (ii) AV City stocks and sells a particular brand of laptop. It costs the firm 5625 each time it places an order with the manufacturer for the laptops. The cost of carrying one laptop in inventory for a year is $130. The store manager estimates that total annual demand for the laptops wil be 1500 units, with a constant demand rate throughout the year. Orders are recelved within minutes after placement from a local warehouse maintained by the manufacturer. The store policy is never to have stockouts of the laptops. The store is open for business every day of the year except Christmas Day. (ii) AV City stocks and sells a particular brand of laptop. It costs the firm 5625 each time it places an order with the manufacturer for the laptops The cost of carrying one laptop in inventory for a year is $130. The store manager eatimates-that total annual dermand for the laptops wil be 1500 units, with a constant demand rate throughout the year. Orders are recelved within minutes after placement from a local warehoun maintained by the manufacturer. The store policy is never to have stockouts of the laptops. The store is open for business every day of the ye except Christmas Day. Determine the following [4M] 3. Optimal order quantity per order b. Minimum total annual inventory costs c. The number of orders per year d. The time between orders (in working days)