Question 1: Lila Battle has determined that the annual demand . for number 6 screws is 100,000 screws. Lila, who 5 works in her brother's hardware store, is in charge of purchasing. She estimates that it costs $10 ev- _ ery time an order is placed. This cost includes her ! wages, the cost of the forms used in placing the or- der, and so on. Furthermore, she estimates that the : cost of carrying one screw in inventory for a year is one-half of 1 cent. Assume that the demand is con- stant throughout the year. ' (a) How many number 6 screws should Lila order at a time if she wishes to minimize total inventory c0st? (b) How many orders per far would be placed? What would the annual or ering cost be? (c) What would the average inventory be? What would the annual holding cost be