Question 1 2 pts An auto parts store estimates that there is a steady annual demand of 1600 cabin filters. Each filter costs the store $1.57, and there is a fixed charge of $200 for each order that the store places to their supplier. It costs the auto parts store $1 to store a filter for one year (when based on average inventory.) How many orders should be placed each year? Question 2 2 pts A tire manufacturer estimates that the annual demand for a certain size of tire is 40000 units. It only costs the plant $1250 in setup costs for each batch of tires. The tire manufacturer's storage costs are based on their maximum inventory, and hence the storage costs are $2 per tire per year. How many tires should be produced in each batch to minimize total cost