An office supply store must determine the best inventory policy for ordering boxes of copier paper. Annual demand is nearly constant at 10,400 boxes and when orders are placed, an entire shipment arrives at once. The cost per box is $24 and the inventory holding cost is 25%. It costs $60 each time to place an order, including preparation time and communication charges, and the lead time is 3 days. The store is open 260 days a year (5 days a week, 52 weeks per year). What is daily demand? 2 points What is the optimal order quantity (Q*)? How many orders should the company place each year?