Whitman Blackboard @ SU Courses Organiza Question Completion Status: QUESTION 1 10 pc Product X has an ANNUAL demand of 1,843 units. We purchase them from the supplier at price 5. If we don't use them right away, we pay to store them, insure them, and of course we have the invested money to consider. Our finance and accounting teams have informed us that the annual rate of holding cost is 15%. Therefore the annual holding cost per unit is 15% x 5. Obviously we'd rather hold no inventory at all, but we also know that everytime we place an order we pay 45 for shipping and the related administrative costs to process the order -- often called "Shipping & Handling". If we order Q=109 units each time we order, what is the expected annual combined cost C(Q) which includes transaction costs, holding costs, and the purchase cost? QUESTION 2 10 pc Note: The numbers are likely slightly different from the above version.... Click Save and Submit to save and submit. Click Save All Answers to save all answers. Whitman Blackboard @ SU Courses Orga Question Completion Status: TE WC UTUC TUU US COGIT LITTE WC URUCT, WITOUS TIC CAPE CUTTUAT UUTTUITICU CUSTOW WITTE includes transaction costs, holding costs, and the purchase cost? QUESTION 2 Note: The numbers are likely slightly different from the above version.... Product X has an ANNUAL demand of 1,710 units. We purchase them from the supplier at price 4. If we don't use them right away, we pay to store them, insure them, and of course we have the invested money to consider. Our finance and accounting teams have informed us that the annual rate of holding cost is 18%. Therefore the annual holding cost per unit is 18% x 4. Obviously we'd rather hold no inventory at all, but we also know that everytime we place an order we pay 40 for shipping and the related administrative costs to process the order -- often called "Shipping & Handling". How much SHOULD we order each time to minimize the annual cost for this product? I.e. Calculate Q* Click Save and Submit to save and submit. Click Save All Answers to save all answers