Mr. Clarke operates a convenient store that purchases natural juices from a company in Bog Walk. The store is opened every day except Easter Monday and Christmas Day. The demand for natural juices is 150 bottles per day. Each bottle of juice cost $100. The annual holding cost rate is 15%: Mr. Clarke's ordering cost is $3,300. The lead time for the delivery is 3 days on eachorder.a How many bottles of juices do you recommend that Mr. Clarke order every time it places4 Marksan order.b) Determine the estimated holding cost; and ordering cost4 Marksc) Would it be true to say it takes Mr. Clarke approximately 33 days between orders. Justify your answer4 Marksd) How many orders will be placed each year3 Markse) Determine the re-order point3 Marks) Advise Mr. Clarke on what will be his Total Annual Cost