A meatal supplier presents the following data in respect of their purchases: Annual demand 212 000 units Maximum daily requirement 1 800 units Average daily requirement 1 060 units Carrying cost R 1, 80 per unit Ordering cost R 40 per order Lead time 14 days Time needed to acquire emergency supplies 3 days Note: Assume that sales are even throughout the year. You are required to calculate: 1.1.1. Economic order quantity. (5) 1.1.2. Ordering point. (4) 1.1.3. Danger level. (4)