Malburn Construction Ltd. Manufactures and distributes window frames. The company uses 600,000 metal strips in producing the frames for the year. Each strip cost $15, the storage cost is 10% of the...

Malburn Construction Ltd. Manufactures and distributes window frames. The company uses 600,000
metal strips in producing the frames for the year. Each strip cost $15, the storage cost is 10% of the cost
price and $180 is required to make an order.
(i). Find the order size Malburn Construction needs to minimize its inventory costs.

Calculate for the company:
(ii). the number of orders placed per year.

(iii).the length of the stock cycle in days.

(iv). the annual ordering cost

(v). the annual holding cost

(vi). the total annual cost