Problem 1 - Better Life Pharmacies [I] Bookmark this page Test due Jul 27, 202210200 CDT Part 1: Optimal order quantity 0.0/2.0 points (graded) Kevin Murphy is running a pharmacy in Nigeria (where Naira is the local currency). His recent experience in the MicroMasters course motivated him to rethink how to reorder pharmaceuticals to replenish inventory. He recalls from Module 4, Unit 1, Video 5, that he should consider the purchase cost, the order cost, and the holding cost. In the past, Joshua rigorously tracked these cost items. For Ibuprofen he knows that: unit cost: 0 = 127 Naira/pack demand: D = 980 packs/year ordering cost: A = 1900 Naira/order holding cost: 7' * c = 51 Naira/pack*year How many packs of Ibuprofen should Joshua order to minimize the total cost? Round your answer to the nearest integer. Smeit You have used 0 of 15 attempts SaVe Part 2: Consolidating orders 00/20 points (graded) Kevin runs a second pharmacy on the other side of town. He has been ordering for each location individually from a wholesaler. He realizes that he can save some money by consolidating the two orders into one single order. The costs per pack for both pharmacies are exactly the same (use A, c and r * c values from Part1). The annual demand for Ibuprofen in the second pharmacy is 880 packs' What is the consolidated optimal order quantity (in packs of Ibuprofen)? Round your answer to the nearest integer. Smeit You have used 0 of 15 attempts Save Part 3: Savings from consolidation 0.0/2.0 points (graded) If Kevin places one consolidated order (as in Part 2) instead of placing two separate orders, how much money will he save? Round your answer to one decimal place (eg. if the result is 1.534 put in as an answer 15). Smeit You have used 0 of 15 attempts Save