Omnil Limited sells 200,000 units of an organic fertilizer product to retail stores. The cost to the company is K5.00 per unit. The cost of processing each order is K80.00 and the carrying cost is K0.50 per unit. Using the Economic Order Quantity model;

What amount should the company order at a time?

What is the average inventory?

How many orders will the company place over the year?

If Omnil Limited adopted the JIT inventory system, what are the risks implicit in this system?

Discuss any four factors that a company is likely to consider in determining its dividend policy.