Rico Enterprises CC uses the economic order quantity model to establish the reoder quantity for raw material Y. the company holds no buffer inventory. information relating to raw material Y is as follows: annual usage is set at 48 000 units, purchase price $80 per unit, ordering costs $ 120 per order. an annual holding cost is caculated at 10% of the purchase price. the manager recently entered into discussion with the sole supplier of raw material Y and the supplier offered a discount of 5% on the purchase price in each order placed is for 2000 units. REQUIRED: calculate, 1. the EOQ for raw material Y before the discussions. 2. the total annual cost of purchasing raw material Y as it is now 3. the total savings, if any , to Rico Enterprises CC when the accept the offer 4. list one example of holding costs