Please answer the following questions using the image below. Thank you!

1. What is the economic ordering quantity for standard 5-inch winches if they are ordered from (a) Supplier A, and (b) Supplier B? Round your answers up to the next whole unit, because Narragansett cannot order a fraction of a winch.

2. a. How many orders should be placed each year if Narragansett buys from Supplier A? If the firm buys from Supplier B?

b. What is the reorder point (in units) for each supplier? Assume for now that no safety stocks are held and use a 360-day year.

Cost and Usage Data: Customized 5-Inch Chrome-Plated Winch Expected annual usage Cost per unit 1,500 units $300 1% Inventory carrying costs: Depreciation Storage and Handling Interest expense (bank loans) Property taxes Insurance Total carrying costs cons 23% Inventory ordering costs: Supplier A Supplier B $1,000 $500 Delivery lead times: Supplier A Supplier B 10 days 20 days