Question 2: PART I: Morgunmat Restaurant purchases trays of eighteen eggs. The monthly holding rate is estimated at 1.75%. Morgunmat's manager purchases from Wyau, a supplier that adequately meets all of Morgunmat's requirements. Orders are shipped in cases of 20 trays via a motor carrier. All cases ordered are delivered in one lot and no fraction of a case can be ordered. The rate applied by the carrier is $30 per order. The purchase price of a case is $50. Morgunmat's annual demand is 62,000 trays of eggs. To minimize its costs, how many cases should the company order? What will be the number of orders per year, the average inventory at Morgunmat, the total annual ordering costs, and the total annual storage costs associated with this decision?