II! Highlight Erase 21 BCom Y2 AA Cale X BCOMSCM Suppl X BCOMSCM Suppl HCIBM AA Calenc X PDF HCIBM AA Calenc X PDF Khanyisa.M Ntsha X khanyisa Ntshani x + C File C:/Users/silence/AppData/Local/Packages/microsoft.windowscommunicationsapps_8wekyb3d8bbwe/LocalState/Files/S0/772/Attachments... 22 of 29 Page view A Read aloud | Add text Draw HCIBM-ACADEMIC AND ASSESSMENT CALENDAR - DISTANCE 10.2.3 FINANCIAL MANAGEMENT [100] QUESTION ONE 1.1 [15] A motor parts supplier presents the following data in respect of their purchases: Annual demand 318 000 units Maximum daily requirement 2 700 units Average daily requirement 1 590 units Carrying cost R2.70 per units Ordering cost R 60 per order Lead time 21 days 5 days Time needed to acquire emergency supplies NB: Assume that sales are even throughout the year. Required: 1.1.1 Determine the economic order quantity (EOQ). 1.1.2 Determine the ordering point. 1.1.3 Calculate the danger level. QUESTION TWO The Following information is extracted from the books of Primex tyres: a. Actual information: + (5) (5) (5) [30] 6 0