Question 2 (19 Marks -34 Minutes) The following infor produce product Buchu mation relates to Material Garo, which is required by Kangaroo Enterprises to Minimum lead time: Maximum lead time Normal lead time: 3 weeks 11 wecks weeks Usage of Material Garo (per week) Maximunm Minimum Normal 30 units 10 units 20 units Ordering Costs -per order Holding costs Weekly requirement for Material Garo60 units Purchase price for Material Garo N$32.50 N$5.50 per unit per annum N$12.60 per unt You may assume that operates 52 weeks in the year. REQUIRED Calculate the fallawing in respect of material DP21 21 Maximum stock level 22 Minimum stock level 2.3 Average stock level 2.4 Econamic order quantity 25 Re-order stock level 26 Number of times that orders should be placed in the year TOTAL MARKS MARKS 19