CYKER SAVE YOUR WORK 1 A 2 Information on one of the raw materials used by JIT Co. in its manufacturing processes is listed below 100 5 6 Working days per year Normal uw per day Maximum se perdery Minimum use per day Lead time Cost of placing order Carrying cost/unit per year O 1250 (000 1000 30 days $25.00 $2.00 B 9 10 11 12 Required Based on the above information, 13 14 la Calculate the economic order quantity (EOQ) and reorder point based on normal demand 6 1b Explain what the EOQ value represents. hat mfety ctnckehould she romanu maintain? H A Based on the above information, 13 14 40 15 1a Calculate the economic order quantity (EOQ) and reorder point based on normal demand 16 17 18 2.0 1 . 1b Explain what the EOQ value represents. 2 Considering the maximum use per day, what safety stock should the company maintain? What is the new re-order point with safety stock