QUESTION FIVE (Assume today is 31st December 2019) Ricky Mwewa has just negotiated a contract to supply 8,160 desks to all the primary schools in Muchinga Province. This is the breakthrough he has been waiting for and he has decided to start the business he has been planning for months now. The Top Desk Company Limited. The Ministry of General Education, which is responsible of ensuring good, learning conditions in all schools including primary schools, has agreed to pay K255 for each desk and wants them all delivered next year which is 2020. Ricky wishes to supply all the desks within the first six months of 2020 starting January 2020. His projection is to supply and deliver the desk evenly over the six months period. With no inventory at the start of January 2020 and at the end of the six month period as these 6 desks are specifically for the schools in Muchinga. Ricky has opted to maintain closing inventory over the period equal to the following monthly supply: Inventory level January 100% February 50% March 50% April May June 30% 5% 0% The Ministry has advised that payment will be made the month following delivery as the