Kepong Plastic Sdn. Bhd. is a manufacturer and seller of plastic containers for household used. Raw plastic is used in the production of the plastic containers and is purchased from an external supplier. Each year 8,000 pounds of raw plastic is used; it is currently purchased in lots of 500 pounds. Its cost Kepong Plastic RM 5.00 to place the order and the carrying cost is RM 2.00 per pound per year. The raw plastic is used evenly at the rate of 30 pound per day. However, on some days as many as 35 pounds are used. It takes Kepong Plastic Sdn. Bhd. 5 days from the time of - order to the time of arrival of the order. Required: i. How many orders for the raw plastic does Kepong Plastic Sdn Bhd places per day? ii. What is the EOQ for the raw plastic? iii. What is the annual relevant total cost? iv. Suppose Kepong Plastic Sdn Bhds's ordering cost was RM 5.00, but the Inventory Manager predicted it to be RM 2.50 when calculating the order quantity. What is the cost of this prediction error? V. Calculate the re-order point. yi. Calculate the amount of safety stock