Ramp;B Beverage Co. has a soft drink product that shows a constant annual demand rate of 5900 cases. A case of the soft drink costs Ramp;B $7.

R&B Beverage Co. has a soft drink product that shows a constant annual demand rate of 5900 cases. A case of the soft drink costs R&B $7.40. Ordering costs are $21 per order and holding costs are 8% of the value of the inventory. R&B has 280 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: a. Economic order quantity b. Reorder point c. Cycle time d. Total annual cost