QUESTION 3: [13] 3.1. The economic order quantity technique is relatively easy to use but is based on several assumptions. Discuss these assumptions (6) 3.2. A toy manufacturing company estimates its carrying cost at 14% and its ordering cost at R10 per order. The estimated annual requirement is 50,000 units at a price of R5 per unit. 3.2.1. What is the most economical number of units to order? (3) 3.2.2. How many orders should be placed in a year? (2) 3.2.3. How often should an order be placed? (2)