Use the following information to answer the questions listed below: red Bout of Smart Products Assume a 365-day year. Smart Products buys 150,000 units of a crucial input for every six months from a supplier that fulfills its orders within two days of receiving them. Smart Products submits its orders directly to the supplier through a web interface, so its lead time is the supplier's two-day turnaround time. Each order costs Smart Products about $500 to place, while carrying costs are about $60 per unit per year. The company seeks to maintain a five-day usage level in a safety stock. Required: (Show all calculations) A. What is Smart Product's economic order quantity (EOQ) for this input? (1 Mark) B. What is Smart Product's carrying cost at the EOQ? (1 Mark) C. What is the total cost if company places only three orders in a year? (1 Mark) D. Which would improve Smart Product's total cost at the EOQ more, a 15% reduction in carrying costs or a 10% reduction in order costs? (2 Marks) 7 B 1 E Qo