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Question 2 25 points A TV producer located in Turkey purchases LED TV panels from a supplier. For production of one TV, one TV panel

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Question 2 25 points A TV producer located in Turkey purchases LED TV panels from a supplier. For production of one TV, one TV panel is needed. The yearly demand for 42-inch LED TVs follows a constant rate of 100,000 TVs per year. The cost of one LED TV panel is $120 and the yearly interest rate is estimated to be 25%. The cost of placing an order to the TV producer is $2000 a. 8 points) What is the economic order quantity of LED TV poncls? What is the order eyele length in months b. 7 points) The LED TV panel supplier fores the TV produeer to sign an agreement which indicates that the minimum shipment quantity en not be than 4000 units. How would this change the order ing policy of the TV producer? By wlust pereentage would the anal cost change for the TV producer? c. [10 points) Suppone that the LED TV panel supplier offers a discount: If the TV producer orders 5000 units or more, the unit cont of a panel will be $60. How would this discount of chinnge the ordering policy of the TV producer

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