The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent of the purchase cost. Currently, the purchase cost is $40 per unit. There are 250 working days per year. Whenever an order is placed, it is known that the entire order will arrive on a truck in 6 days. Currently, the company policy is to order 500 units each time an order is placed. 1.) Solve the reorder point given the company's current policy. 2.) If the company wishes to minimize the total inventory cost, how many units should the company order each time an order is placed? 3.) By changing the current policy to the optimal, how much savings in total inventory cost is achieved