a) Yaqub Enterprise is involved in the production of dates the oldest cultivated fruits. This enterprise...

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a) Yaqub Enterprise is involved in the production of dates the oldest cultivated fruits. This enterprise normally uses 8,500 boxes of dates annually with the selling price of RM25 per box. The carrying cost for the dates is 6 percent from the selling price while, ordering cost is estimated at RM120 per order. Besides, Yaqub Enterprise has also decided to maintain safety stock of 1,500 boxes of dates and it will take 12 days for the dates to be delivered. (Assume 1 year = 360 days) Compute the: EOQ level if orders must be placed in 100 units Number of orders in a year Total inventory costs for the year Reorder point a) Yaqub Enterprise is involved in the production of dates the oldest cultivated fruits. This enterprise normally uses 8,500 boxes of dates annually with the selling price of RM25 per box. The carrying cost for the dates is 6 percent from the selling price while, ordering cost is estimated at RM120 per order. Besides, Yaqub Enterprise has also decided to maintain safety stock of 1,500 boxes of dates and it will take 12 days for the dates to be delivered. (Assume 1 year = 360 days) Compute the: EOQ level if orders must be placed in 100 units Number of orders in a year Total inventory costs for the year Reorder point

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