(b) What is the firm's cash conversion cycle? (0.75 Mark) (c) What is the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days? ( 0.75 Mark) Assume in the above question that Adong's Products uses 800 units of a product per year on a continuous basis. The product has carrying costs of \\( \\$ 50 \\) per unit per year and order costs of \\( \\$ 300 \\) per order. It takes 30 days to receive a shipment after an order is placed and the firm requires a safety stock of 5 days usage in inventory. (d) What is the economic order quantity (EOQ)? (0.75 Mark) (e) What is the reorder point? (Assume a 360-day year.) (0.75 Mark)