Sweet Tunes Ltd. makes musical instruments. One of their products is a ukulele with an annual demand of 3,000 units. The setup cost for each production batch is $900; it costs $15 to carry a ukulele in inventory for one year. Required 1. What is the total annual relevant batch setup and carrying cost if the company uses the economic order quantity? Assume that setup costs are the same as ordering costs. The company is switching to a justintime system. The average order size is 200 ukuleles. What are the total annual relevant batch setup and caring costs? Compare the Enterprise Resource Planning EOQ model with the J IT model. What are the advantages and disadvantages of each