3. Alocal retailer anticipates an annual demand 12000 units of a product. The retailersallows shortages for that product, and these shortages are backordered at a rate of 3 OMR per unit backordered....

3. Alocal retailer anticipates an annual demand 12000 units of a product. The retailersallows shortages for that product, and these shortages are backordered at a rate of 3 OMR per unit backordered. The cost of ordering is 200 OMR, whereas, the annual holding cost is 1 OMR per unit. The retailer operates 300 days per year. What is the optimal order size in units? Round-up to the nearest integer a. 2530 b. 12000 c. None is correct d. 0 e. 2500