Question 2 Metro Trading owned a factory to produce the automobile parts and has the following inventory, carrying and storage costs: 1. Annual Sales is 300,000 units. 2. The carrying cost is 20% of the purchase price; 3. The purchase price is RM25 per unit; 4. The ordering cost is RM1,500 per order; 5. The desired safety stock level 8,000 units; 6. The delivery time is 1 week (7days). Given the above information: a) Determine the optimal EOQ level. b) How many orders will be placed annually? c) What is the inventory order point? (Assumed 365 days). d) What is the average inventory level? e) How much does the total annual inventory cost? f) Prepare a graph to shows your order point determination