The demand for tables at a furniture store is fairly regular throughout the year at 2400 tables per year. Each table costs $50 to make. Assume the fixed order placement costs to be $40 /order, the holding cost rate to be 20% of the table cost per year, and the lead time to be 4 weeks. Answer the questions below. Problem IV.1.a 0.0/1.0 point (graded) What is the economic order quantity, Q ? Round to the nearest whole number. 3 points possible (graded) Using your Q from part a, what would be the annual purchase cost, ordering cost, and average holding cost? Please round your answer to the nearest whole dollar. Annual purchase cost: Annual ordering cost: Annual holding cost: 1 point possible (graded) Suppose the table manufacturer has a constant production rate of 500 tables per month. What is the effective holding cost, h ? Round to the nearest dollar. You have used 0 of 3 attempts Save Problem IV.1.d 1 point possible (graded) What is the new economic order quantity Q, given the finite production rate of 500 tables per month? Round to the nearest whole number. You have used 0 of 3 attempts Save 3 points possible (graded) What would be the annual purchase cost, ordering cost, and average holding cost, given the production rate of 500 tables per month? Please round your answer to the nearest dollar. Annual purchase cost: Annual ordering cost: Annual holding cost