Calculate the annual holding cost plus the annual ordering cost to get the total
1. The current order quantity for Paul’s Pasta Pinwheels is 200 boxes.The order cost is $4 per order, the holding cost is $.40 per box per year, andthe annual demand is 500 boxes per year.a.Calculate the annual holding cost plus the annual ordering cost to get thetotal costs when using an order quantity of 200 boxes.b.Calculate the EOQ and the total annual cost for this order quantity.3.Hottenstien, Giffith, and Hult, attorneys at law, do a great deal of printing.The firm uses a single type of printer with annual demand for print cartridgesof 480 per year. The order cost is $15 per order, and the carrying cost is20percent per cartridge per year of the purchase cost of $35 per cartridge.a. How many print cartridges should the firm order at one time?b. What is the time between orders?4. Burgerama requires all employees who handle food to wear latex gloves for sanitaryreasons. The annual demand for the gloves is 250 boxes of 200 per year. Theorder cost is $11 per order, and the carrying cost is 25 percent per box peryear of the purchase cost of $20 per Box.a. How many boxes of gloves should Burgerama order at a time?b. What is the time between orders?c. What would be the change in annual cost ifBurgerama had storage space for only 15 boxes per order and thus was forced touse an order of 15?5. Office Express sells office suppliers tobusinesses on a membership basis–i.e., walk-in customers without a membershipare not allowed. The company delivers supplies directly to the purchaser aslong as minimum purchase of $100 is made. In order to encourage bulk orders, OfficeExpress offers the following discount schedule on purchase quantities of boxesof paper. Larry’s lumber has an annual demand of 5,000 boxes of paper, a setupcost of $10 per order, and a holding cost of 22 percent of the purchase price.Calculate the optimal order quantity.1-100 boxes $5 per box100-249 boxes $4.75 per box250-499 boxes $4.50 per box500 or more $4.25 per box6. A watch repair shop buys batteries for a variety of products. The most frequent battery purchase is for a Y300, with demand of 3,000 per year. the order cost is $15 per order, and the holding cost is $0.50per battery. Given the following price schedule, calculate the optimal order quantity.Number of Batteries Price1-250 $6.00250-499 $5.50500-999 $5.001,000 or more $4.75Please show work.