H Limited manufactures 5,000 units of perfumes per month. The cost of placing an order is GHC 100.00. The purchase price of the raw material is GHC 10.00 per Kg. The re-order period is 4 to 8 weeks. The consumption of raw materials varies from 100 kg to 450 kg per week. The average weekly consumption is 275kg. The carrying of inventory is 20% per annum.

Assuming 52 weeks in a year, you are required to calculate

c. Economic Order Quantity (EOQ)

d. The Frequency of Orders

e. Maximum Inventory Level

f. Minimum Level

g. Average Level