Question 1: The Mazoon Dairy Co.(SAOC) is in Al Buraimi Governorate, that produces and distributes dairy products and beverages in Oman. The company started 5 years ago and introduce a packaging (TetraPak) made of plastic, aluminum and cardboard that increases the shelf life of milk and juice. One of their most important suppliers, the Omani Packaging Co. SAOG supplies the package. The Mazoon Dairy Co.(SAOC) has a long-term and a very stable relationship with the Omani Packaging Co. SAOG. Mazoon Dairy Co.(SAOC) buys package at RO 30 per unit. Per month requirement is 200 units. The carrying cost of inventory is 46% per annum and ordering cost is RO 500 per order. The Purchase manager has estimated the following for material control. Average re-order period 4 month Emergency Purchase period 2 month Minimum consumption per month 150 units Minimum stock re-order period 3 months Average consumption per month 200 units Calculate the following: (20 Marks) a. Reorder level b. Maximum level of stock c. Minimum level of stock d. Average level of stock e. Danger Level 1. Economic Order Quantity g. Economic Order Frequency h. Number of orders per year i. Total annual ordering and carrying cost at EO