Jim recently acquired a designer shoe storein downtown Silver Spring. The former owner always ordered100 pairs of shoes. Jim wants to reevaluate this policy. Based on hisanalysis, the cost to place each order is $40 and the holding cost is $12 per shampoo bottle per year. The annual demand for this product is 2500 pairs. Should Jim change the current order policy and, if so, how much can she save? Answers in two decimal places. (Hint: Calculate annual total cost using the old and the new policy and compare)