of the order size. The annual holding cost rate is 20%. Q= Total Cost =$ S=TotalCost=$ Length of backorder period = days d. Would you recommend a no-backorder or a backorder inventory policy for this product? Explain. If required, round your answers to two decimal places. Recommendation would be inventory policy, since the maximum wait is only days and the cost savings is $ Reorder point for no-backorder inventory policy is Reorder point for backorder inventory policy is