You make signs are buy LED lighting for your signs. You expect to use $250,000$ strands of LED tights this year based on past usage. When you place a purchace order, administrative cost to manage that order is $$200.$ teo light strands cost $$20$ each and your inventory holding rate is $20\%.$ Calculate the following. Show all your work. Lead time is $3$ days and there are $360$ days$/$year$.$

What is the economic onder quantity?

What is the ROP?

What is the Annual Purchase Cost?

What is the Annual Holding Cost?

What is the Annual Order Coat?

What is the Tocal Amual Inventory Cost?

What would happen to the TAIC If your LED sucplier now imposes a minimum order quantity of $25,000?$