The Cooling Company manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring are available and up to 140 hours of drilling may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold a $15 profit. Required: What is the optimum production schedule to maximise monthly profits (to the nearest whole number)? (6 marks) Ty Nott is the purchasing manager for the Cooling Company. One of the components required in the air conditioners and fans is a small compressor. The company uses 4,000 per year. The cost of each compressor is $90 and the inventory carrying cost is estimated to be 10% of the cost of each compressor. Ty has calculated that the average ordering cost is $25 per order. Furthermore it takes 2 weeks or the order to arrive, and during this time the demand per week is approximately 80 compressors. What if the Economic Order Quantity (EOQ)? (4 marks) What is the total annual inventory cost? (5 marks)