Walmart is optimizing its inventory strategy for a bestselling smartphone model. The store is open every day of the year. Here are the key inventory management details: The annual demand for the smartphone is 22,000 units. Each smartphone costs $300. The inventory carrying cost is $25 per unit per year. The average ordering cost is $100 per order. It takes 5 days for an order to arrive. Using these specifics, calculate the following: a. Economic Order Quantity (EOQ) b. Average inventory c. Optimal number of orders per year d. Optimal number of days between orders e. Ordering and holding cost per year f. Total inventory cost including the cost of buying the 22,000 units per year Using these specifics, calculate the following: a. Economic Order Quantity (EOQ) b. Optimal number of orders per year c. Optimal number of days between orders d. Total inventory cost including the cost of buying the 22,000 units per year e.Reorder point