Problem 1: The buyer at Ajax Co. is responsible for maintaining inventory of a key component which is used in the firm's manufacturing process throughout the entire 52 -week year. The annual demand is 12,000 units and the component costs $6.00 per unit. When an order is placed, it takes 2 weeks for parts to arrive. See below for additional data: Use the Fixed-Order Quantity Model to find the following: a) Compute the optimum order quantity (Q). b) What is the reorder point (R) for the item? c) Find the Total Annual Cost (TC) for the item