Sumcos annual demand is expected to increase from 1,000 units to 1,555 units, the ordering cost is reduced to $8 per order and the average carrying cost per unit per year remains the same at $0.50. Under these new conditions: a. (1.0 POINT) Calculate the new EOQ. b. (1.0 POINT) Calculate the Annual Ordering Cost, the Annual Holding Cost and the Total Annual Cost. c. (1.0 POINT) If Sumco has a daily demand of 10 units and assuming that they will be ordering the exact amount calculated for EOQ in topic (a) with a lead time of 5 days, calculate the Reorder Point (ROP) and the Inventory Position.