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The sales forecast of a popular product sold by PSC Retailers Limited is 6 0 0 0 0 0 units for the forthcoming financial year.

The sales forecast of a popular product sold by PSC Retailers Limited is 600000 units for the forthcoming financial year. It is estimated that PSC Retailers will purchase each unit of the product for R2. The carrying cost of inventory equals 25% of the purchase price of goods. The ordering cost is R45 per order. Two days are required for delivery. The desired safety stock for PSC Retailers is 18000 units. This amount is on hand.
Required: (round off to nearest whole number)
2.1.1. Determine the number of orders for the product to be placed next year.

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