1. The following particulars were collected for the year 2015 from Need LLC Monthly demand 2,000 units Cost of placing an order RO 225. Annual carrying cost per unit 8% Purchase price of input unit RO 350 Minimum usage 30 units per weck Maximum usage 50 units per week Re-order period 6 to 8 weeks. For emergency purchase 4 wecks Required: Compute from the above (60.50=3 Marks ) (a) Re-order quantity (b) Re-order level (c) Minimum level (d) Maximum level (c) Average Stock Level (f) Danger level 2. Run and Shine, a manufacturer, purchases 2750 units of a certain component for his annual usage. The order placing cost is RO 175 and cost of carrying one unit for a year is RO 6. Calculate the economic order quantity. (2 Marks) 3. Write the importance of ABC analysis and explain ABC analysis using graphical presentation. (2+3=5 Marks)