PLEASE ANSWER ALL THREE, WILL THUMBS UP!!!

Total ordering costs are $5,600 and carrying cost is $4,700. There is no safety stock. Place larger orders. Place smaller orders. This is an optimal policy. Not enough information provided to determine if larger or smaller orders should be placed. QUESTION 2 Economic Order Quantity inventory policies focus on minimizing ordering costs. safety stocks. total cost. average inventory. QUESTION 3 Which of the following systems allow a business to always know what they have in stock? just-in-time inventory. economic order quantity. perpetual inventory. periodic inventory