A company expects monthly demand of 21.282 units. The product has a selling price of K20 Profit is set at 25% of cost. The company currently buys 10,000 units of product Yat regular intervals through out the year. Because the demand for product is to some degree uncertain, the company maintains a safety (buffer) stock of product Y which is sufficient to meet demand for 14 working days. The cost of placing an order is K25 and storage cost is 10% of the cost of product YA typical month for the company has twenty eight working days. REQUIRED Calculate for the current ordering policy Total Ordering costs (3 Marks) Total Holding costs (3 Marks) Total Stocking costs (2 Marks) Determine an optimal ordering quantity (2 Marks) Calculate how much costs will change by using the reorder quantity that you have calculated in (b) above (8 Marks) . State any three limitations of Economic Order Quantity (EOQ) (3 Marks) Explain any two advantages and two disadvantages of Just In Time inventory management system (4 Marks) (Total 25 Marks)