2. A local retailer anticipates an annual demand 12000 units of a product. The retailer allows shortages for that product, and these shortages are backordered at a rate of OMR per unit backordered....

2. A local retailer anticipates an annual demand 12000 units of a product. The retailer allows shortages for that product, and these shortages are backordered at a rate of 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 maximum inventory level ? Round-up to the nearest integer a. 1789 b. None is correct c. 1960 d. 1898 e. 1987