Inventory Control Notes This is a operations research question. Please take your time when answering the questions no rush and explain the answer so I can better understand The notes are stored on Google Drive and Dropbox Link 1 https://drive.google.com/file/d/1-vXHVPUOXn4yEsbJpisipM_g5jh3b77n/view?usp=drivesdk Link 2https://www.dropbox.com/scl/fi/xsgek6k0bk62elos2dqrv/Inventory-Control-Notes-2-1.pdf?rlkey=1pks3rf5w10qjwwo0joif68ql&dl=0 Link 3 https://toffeeshare.com/c/j63BIgPoQ2Link 4 https://we.tl/t-r45fm2gfjm

Question 3 Pegasus Engineering Plc uses circuit boards in its electronic hand tools that it manufactures, and this usage is relatively constant throughout the year. The rm demand for the cotnponent is 5 unit per year. These circuit boards are purchased front a supplier for $30 each. and the lead time is two [2} days. The holding cost per unit per year is 5% of the unit cost and the ordering cost per order is 531']. There are 250 working days per year. Required: A. i- Calculate the economic order quantity {EDQ} ii. Given the E00, determine the total annual inventory cost. iii. Outline three assumptions of the E00 Model B. The Firm wants to reconsider the decision of buying the circuit boards and is considering making the circuit boards in-hnuse. Management has determined that setup costs would be t] and 5t] circuit boards could be produced in a day. once the machine has been set up. Management estimates that the cost (including labour time and materials) ofptotiucing one unit would be $28. The holding cost would be l% of this cost. 23,1133 " 1 Required: i. What is the daily demand rate\"? ' ii. What is the optimal productiott quantity? i iii.) Given the optimal production run size. what is the total annual inventory cost? if? vi.) Given that the lead time is two days. what is the reorder pointtRDP}? r' H"