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Can Solve NOW PLEASE. BaikCycles Berhad are manufacturers of bicycle. The following are the details of their operation during 2021. Assume a 52-week year: Average

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Can Solve NOW PLEASE.

BaikCycles Berhad are manufacturers of bicycle. The following are the details of their operation during 2021. Assume a 52-week year: Average monthly market demand 1,800 bicycles Ordering cost RM 200 per order Inventory carrying cost 20% per annum Cost of bicycles RM900 per bicycles Normal usage 100 bicycles per week Safety Stock 10 bicycles per week Lead time to supply 4 weeks. Compute from the above: i. Economic order quantity. (4 marks) ii. Re-order level of stock. (4 marks)

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