MODULE 4- CURRENTASSET MANAGEMENT (Inventory and cash) · QUESTION1 a firm has a $50 per year carrying cost on each unit of inventory, annual usage of 10 000 units and an ordering cost of $100 per order. Ignoring any potential stockout costs a) Calculate the economic order quantity for the firm b) Calculate the annual inventory policy costs if the firm orders in this quantityMODULE 4 - CURRENT ASSET MANAGEMENT (Inventory and Cash) • QUESTION 1 • A firm has a $50 per year carrying cost on each unit of inventory, annual usage of 10 000 units, and an ordering cost of $100 per order. Ignoring any potential stockout costs: • a) Calculate the economic order quantity for the firm. • b) Calculate the annual inventory policy costs if the firm orders in this quantity