Question 1 (12.5 points) Mayzie's Masks, LLC has an annual demand for 1,000,000 masks and its operations are scheduled to run 50 weeks each year. The inventory holding cost is 5% of the product cost, which is $5. The cost to place a single order is $50. The lead time is 2 weeks. Additionally, there are 5,000 units in stock with scheduled receipts of 1000 units and 5900 back-ordered units. Assume constant demand and lead time. Since the firm has determined that the review interval will be based on cost trade-offs of the EOQ, determine the EOQ. 20,000.00 masks 2828.43 masks 100.00 masks None of these answers 4472.13 masks Question 1 (12.5 points) Mayzie's Masks, LLC has an annual demand for 1,000,000 masks and its operations are scheduled to run 50 weeks each year. The inventory holding cost is 5% of the product cost, which is $5. The cost to place a single order is $50. The lead time is 2 weeks. Additionally, there are 5,000 units in stock with scheduled receipts of 1000 units and 5900 back-ordered units. Assume constant demand and lead time. Since the firm has determined that the review interval will be based on cost trade-offs of the EOQ, determine the EOQ. 20,000.00 masks 2828.43 masks 100.00 masks None of these answers 4472.13 masks