A company makes manufactures shoes. It produces 1 000 pairs of shoes per month. It buys the leather and components from a supplier at a cost of R20 per component kit. The company's inventory carrying cost is estimated to be15% of the purchasing cost per tyre and the ordering is R50 per component kit. You are required to calculate: 2.1. Calculate the E00. (5 marks] 2.2. What is the number of orders per year? (4 marks] 2.3. Compute the average annual ordering costs. (3 marks] 2.4. Compute the average inventory. (2 marks} 2.5. What is the average annual carrying cost\"? (2 marks} 2.6. Compute the total cost. (3 marks}