Indirect exporting refers to

selling a firm's domestically produced products in a foreign country through an intermediary.

offering the right to a trademark, patent, trade secret, or similarly valued item of intellectual property in return for a royalty or fee.

selling a firm's domestically produced products in a foreign country without interference by that government.

contracting with a foreign firm to manufacture products according to stated specifications.

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?