Question 8 5 pts Annually a bookstore sells about 1000 copies of The Art of the Meal. Books are ordered from the publisher who charges a processing fee of $20 for each order. The annual holding cost of a book is estimated at $5. The bookstore orders in quantities of 200 copies. The annual total (holding+ordering) cost policy is: $200 $100 $500 $600 Question 9 5 pts An automated loan-processor processes loans in batches of 100 units. Prior to the start of a batch, a setup time of 30 minutes is required. After that each loan requires 30 seconds of processing. In an 8-hour day the number of loans processed is: 600 300 1200 400 Question 10 5 pts A simple assembly line has tasks A(2), B(5), C(4), and D(3) that need to be done in this order to produce a unit of product. The numbers in parentheses are task times in minutes. Every unit goes through all 4 steps in the same order. The average utilization of this line is: 100% 40% 70% 50%