Question 2 E) {ii} (iii) Maxis buy and sell about 5,l2}[1 IPhone and 4, GalaxyNote per month. Cost for each GalaxyNote shipment from South Korea to Malaysia is $E, and it takes exactly 5 days. [in the other hand, [Phone shipment from China to Malaysia cost only $4.00!] and it takes exactly 3.5 days. Note that number of smartphone for each shipment is unlimited. Due to the fast pace of smartphone technology, storage cost for 1!] units of Iphone per year is $4,. Whereas for IGalaxyINlote:I the storage cost for 21] units per year is $k. Assumes that Maxis operates 24 hours per day, 6 days per week, 4 weeks per month and 1!] months per year. Use the Economic order quantity approach to determine the optimal order quantity of [Phone for Maxis. {5 marks} {ii} Determine the total inventory cost if Maxis order exactly 2, IPhones, each time it make an order from its Chinese supplier. {4 marks} Should Maxis include Safety stock requirement while determining its reordering point for IPhone? Justify your conclusion {El marks)