Question 3 (20) MedTech Laboratories does 100000 sodium serum test for their local Hospitals per year and order 6 times per year (every second month). The Roche ISE reagent kits are purchased from R diagnostics for R500 each and the fixed ordering cost for placing amd receiving orders of these kits amounts to R100 per order. The cost of capital is 10%. MedTech Laboratories incur storage cost of R300, inventory insurance cost of R800 and depreciation and obsolescence (expiries) cost of R6 000 per year. Give a brief referenced description of each term then do the calculations and comment on your answers Question 3 (20) MedTech Laboratories does 100000 sodium serum test for their local Hospitals per year and order 6 times per year (every second month). The Roche ISE reagent kits are purchased from R diagnostics for R500 each and the fixed ordering cost for placing amd receiving orders of these kits amounts to R100 per order. The cost of capital is 10%. MedTech Laboratories incur storage cost of R300, inventory insurance cost of R800 and depreciation and obsolescence (expiries) cost of R6 000 per year. Give a brief referenced description of each term then do the calculations and comment on your answers