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a) Compute the cash conversion cycle for the firm below. (4 Marks) b) Pilah Pizzas uses 50,000 units of cheese per year. Each unit costs
a) Compute the cash conversion cycle for the firm below. (4 Marks) b) Pilah Pizzas uses 50,000 units of cheese per year. Each unit costs RM2.50. The ordering cost for the cheese is RM250 per order, and its carrying cost is RM0.50 per unit per year. Calculate the firm's economic order quantity (EOQ) for the cheese. Pilah Pizza operates 250 days per year and maintains a minimum inventory level of 2 days' worth of cheese as a safety stock. If the lead time to receive orders of cheese is 3 days, calculate the reorder point
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