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Bigbasket sells 550 units per month of Sunsilk shampoo sachets. The unit costy Bigbasket uses an inventory carrying charge of 20% per year. Determine the

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Bigbasket sells 550 units per month of Sunsilk shampoo sachets. The unit costy Bigbasket uses an inventory carrying charge of 20% per year. Determine the opirnul order quantity, order frequency, and the annual cost of inventory management. If, through automation of the purchasing process, the ordering cost can be cut to Rs 20 , what will be the new economic order quantity, order frequency, and annual inventory management cost? Explain these results. [5]

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