1. The benefit of personal financial planning is to be able to:

		Live a carefree lifestyle as you can spend as your heart wish
		Feel happier as you are conscious of your dreams
		Accumulate wealth over time
		Accumulate debt over time

2. ETech Ltd uses 280,000 units per year of a component in webcam production. The supplier takes 5 days to deliver the components to the company after receiving the orders of the component. The company operates 360 days per year, and maintains a minimum inventory level of 200 units of safety stock. At what level of inventory should the company place an order for the component?

		7,050 units
		4,089 units
		780 units
		980 units