. My Kitchen Delight (MKD) is considering a new supplier for the jars used in the production process. Assume the monthly demand averages 25000 jars. Ordering cost is $30 per order. Annual holding cost is 30% of the unit price. The price lists for the supplier is as follows.(3 points).

Units Ordered

Price Per Unit

1-2499

$2.80

2500-3499

$2.70

3500-4999

$2.60

5000 or more

$2.50

a)Determine the most cost-effective ordering quantity

b)What is the total cost for the order quantity determined in a.

c)Calculate reorder point

d)Summarize the inventory policy based on your calculation results