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Suppose MS Tech has the following estimates under its inventory management: Total annual inventory demand Inventory ordering cost Inventory carrying cost Average daily inventory demand

Suppose MS Tech has the following estimates under its inventory management: Total annual inventory demand Inventory ordering cost Inventory carrying cost Average daily inventory demand Inventory delivery lead time Inventory lead time demand Inventory safety stock level = 840,444 units = RM50 per order = RM0.03 per unit = 2,302.59 units = 3 days = 6,907.77 units = 34,539 units What are the Economic Order Quantity (EOQ) and the Reorder Point for MS Tech? Briefly explain your findings

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