Question A3 Miss Tan is an Ipod seller at LawYat Plaza. She buys IPod from a supplier from China for RMlEIi} per unit and sell them at Law'fat for RMlEt} per unit. Assumes that Miss Tan operates 5 days per week, 4 weeks per month and 10 months per year. [in average, Miss Tan is able to sell 1t},[l IPod per year. However, the ordering cost is rather expensive, where each shipment is $1,[ll'.} and it takes 15 days. Note that the number of [Pod for each shipment is unlimited. Due to depreciation, storage cost for each unit of [Pad for a month is set at .'liltlI per week. Answer all the following questions using the Economic Order Quantity model. (a) Determine the optimal order quantity of [Pod {6 marks] {b} Using the optimal order quantity, determine the number of times Miss Tan need to place order for IPod witbin a year (3 marks} {c} 1'J'J'hat would happen to the Total Inventoryr cost, if Miss Tan uses order quantity which is greater than your solution in part (a) every time she places an order? Justify your answer with details {'3' marks] {d} The ordering cost is rather expensive, where each shipment is $1,[l. Describe TWO (2) types of activities! cost that contributes towards this ordering cost. [5 marks) (e) List Til-[REE [3) assumptions of the Economic Order Quantity model