Kevin Rogers is running a pharmacy in Nigeria (where Naira is the local currency). His recent experience in the MicroMasters course motivated him to rethink how to reorder pharmaceuticals to replenish inventory. He recalls from Module 4, Unit 1, Video 5, that he should consider the purchase cost, the order cost, and the holding cost. In the past, Joshua rigorously tracked these cost items. For Ibuprofen he knows that:

unit cost: = 443 Naira/pack

demand: = 980 packs/year

ordering cost: = 2000 Naira/order

holding cost: = 56 Naira/pack*year If Kevin places one consolidated order (as in Part 2) instead of placing two separate orders, how much money will he save?