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3 . 1 Bluey Limited usually sells 1 0 0 0 units of a certain product per year. The produce has a fixed order cost

3.1 Bluey Limited usually sells 1000 units of a certain product per year. The produce has a fixed order cost of R75. The company incurs storage costs of R3 per unit per year. It takes five days to receive an order once it has been placed. The company operates for 250 days per year.
3.1.1 Calculate the economic order quantity.
(4)
3.1.2 Calculate the reorder point.
(4)
Round off the above answers to the nearest whole number.
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