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QUESTION 2 Below is the information about the inventory of PJ Corporation i The purchase price is RM10 per unit ii. The ordering cost is RM140 per order iii. The carrying cost is 20% of the purchase price iv. Annual unit usage is 800,000 The desired safety stock is 20,000 units Delivery time is 2 weeks. Assume the firm works 52 weeks a year. You are required to calculate: a) EOQ b) Number of orders in a year c) Inventory order point d) Average inventory V vi. (25 Marks APPROVED BY