The unit price of the item is $10, WACC is 10%. The warehouse yearly total cost is $im and has 5000 palette locations. For every 200 units of the SKU, we need one palette location. It costs $50 to place an order with the supplier, and it takes the supplier two weeks to deliver ship the products. I 1) What is the holding cost of the product? 2) What is the optimum EOQ, ignoring the randomness effects? 3) What is the expected holding cost ignoring the re-order point. 4) If the manager is happy with a service level of 80%, what should be the value of the safety stock? 5) What is the re-order point of the inventory policy? 6) Use the inventory control policy and the provided demand to simulate the system for one year. Starting inventory is 300 units