1. The inventory management costs for a certain product with a price of $48 per unit and an annual demand of 4800 units are:
2. Ordering cost per order, $180;
   Holding cost per unit per year, $7.2.
3. 
   
4. Compute the annual ordering cost, the annual holding cost, the annual total ordering and holding cost for order quantities of 4800, 2400, and 1200. Also compute the optimal order quantity, the optimal annual cost of orders, and the optimal total cost of orders and inventory (Do not round the computed optimal order quantity when computing these costs).
5. 
   
6. The total ordering and holding cost for an order quantity of 4800 is . Report as a whole number by rounding
7. 
   
8. The total ordering and holding cost for an order quantity of 2400 is . Report as a whole number by rounding
9. 
   
10. The total ordering and holding cost for an order quantity of 1200 is . Report as a whole number by rounding
11. 
    
12. The optimal order quantity is . Report as a whole number by rounding
13. 
    
14. The optimal ordering cost is . Report as a whole number by rounding
15. 
    
16. The optimal total cost of ordering and holding is . Report as a whole number by rounding.