Answer ALL the questions in this section. QUESTION 1 (20 marks) By drawing on the relevant theory, and evidence extracted from the article, answer the following questions: According to the arficle: "...Panasonic was looking at sites in Cklahoma and Kansas to build its new plant. The locations would benefit from being close to the new factory that Tesla is bringing online in Texas, where it recenty established its headquarters. A committee in Oklahoma's Mayes County has been studying a proposal to "entice a business" to set up oper documentposted earlier this month, though it didn'tidentify the party." 1.1 Critically discuss the cost considerations or factors that would influence Panasonic's choice of a Iocation for its new U.S factory, provide evidence from the article to buttress your discussion. 1.2 The article indicates that Panasonic's new U.S. factory will employ a competitive strategy that combines the strategy options of differentiation, low-cost leadership and response. By extracting evidence from the article, discuss each of these strategy options in relations to Panasonic's new factory (10 marks) QUESTION 2 (20 Marks) Panasonic's new U.S. factory will face a number of opportunifes as well as threats in the operating environment. In this regard. Panasonic would need to marshal its strengths and address its weaknesses by making long-tem managerial strategic decisions that confer competive advantage in its operations. 2.1 Undertake a meaningful SWOT analysis of Panasonic's upcoming U.S. based EV battery factory. From the article, highlight TWO (2) points each in terms of the strengths, weaknesses, opportunities, and From the article, highlight TWO (2) points each in terms of the strengths, weaknesses, opportunities, threats associated with the new U.S. factory. (10 marks) 2.2 Apart from the location strategic decision, discuss any FIVE (5) long term managerial strategic decisions that Panasonic would grapple with in building the new U.S.-based electic vehicle battery factory. (10 marks) Section B QUESTION 3 [60 marks] (20 marks) Study the scenario provided below and answer all questions that follow. InSight Limited imports reading glasses from China for sale in a Southem African country. During the 2021 financial year, the company adhered to the policy of importing 6000 pairs of reading glasses every month. The actual monthly sales of reading glasses by InSight Limited during the 2021 financial year is depicted in Table 2.1 below. The company paid R5 000 to place an order for the reading glasses and a carrying cost of R2.00 for each pair of reading glasses during 2021. January 2021 Table 2.1: Actual sales data for the reading glasses during 2021 \begin{tabular}{|l|c|} \hline Month & Actual Sales (Pairs of reading glasses) \\ \hline January 2021 & 2800 \\ \hline February 2021 & 3000 \\ \hline March 2021 & 5000 \\ \hline April 2021 & 4000 \\ \hline May 2021 & 5600 \\ \hline June 2021 & 8000 \\ \hline July 2021 & 8000 \\ \hline August 2021 & 7900 \\ \hline September 2021 & 6000 \\ \hline October 2021 & 4050 \\ \hline November 2021 & 4900 \\ \hline December 2021 & 550 \\ \hline \end{tabular} 3.1 Using the actual sales data provided above, determine the economic order quantity (EOQ) of reading glasses for 2021 fnancial year. (6 marks) glasses tor 2021 financial year. 3.2 Using the EOQ model, determine the number of orders for reading glasses placed by inSight Limited during 2021. (3 marks) 3.3 Suppose that the reading glasses arrive at the premises of Insight Limited 7 days ater an order has 3.3 Suppose that the reading glasses arrive at the premises of Insight Limited 7 days ater an order has been placed, determine the level at which Insight Limited had to replenish the stock during 2021 (Assume a 350 working days during 2021). 3.4 Determine how much Insight Limited would save by switching from the current ordering policy to he economic order quantity model. (7 marks) QUESTION 4 (20 marks) Using the sales data of the reading glasses in Table 2.1 (question 3), answer the following questions: 4.1 Calculate the three-month-weighted-moving-average monthly forecasts for the period April 2021 - December 2021. Use weights of 0.5, and 0.2 for the most recent and oldest monthly data respectively and 0.3 for the middle month (show all workings). 4.2 Determine the Mean Absolute Deviation (MAD) of the three-month-weighted-movingaverage monthly forecasts for the April - December 2021 period. (4 marks) a. The linear regression equation of the sales of reading glasses for the 2021 financial year is given by the expression: y=201.4x+4091 (where ' y ' denotes monthly sales, and ' x ', the number representing the month. For example, x=1,2,3, etc., if the month is January, February, March, etc.). Use the regression equation to determine the Mean Absolute Deviation (MAD) of the regression forecasts for the April. December 2021 period. regression forecasts for the April. December 2021 perod