Maxis buy and sell about 5,000 IPhone and 4,000 GalaxyNote per month. Cost for each GalaxyNote shipment from South Korea to Malaysia is $6,000 and it takes exactly 5 days. On the other hand, IPhone shipment from China to Malaysia cost only $4,000 and it takes exactly 3.5 days. Note that number of smartphone for each shipment is unlimited. . Due to the fast pace of smartphone technology, storage cost for 10 units of Iphone per year is $4,000. Whereas for GalaxyNote, the storage cost for 20 units per year is $6k. Assumes that Maxis operates 4 weeks per month and 10 months per year. Use the Economic order quantity approach to determine the optimal order quantity of IPhone for Maxis. 12:43 PM