$2\mathrm{.}2$

REQUIRED

Use the information given below to calculate the following:

$2\mathrm{.}2\mathrm{.}1$ Economic Order Quantity

$(4$ marks$)$

$2\mathrm{.}2\mathrm{.}2$ Re$-$order point.

$(3$ marks$)$

INFORMATION

The following details have been supplied by Tonga Suppliers for the only product that it sells:

$\backslash$table$[[$Sales per month,$3000$ units$],[$Carrying costs as a percentage of the unit purchase price,$10\%$