Question: QUESTION 2 Study the information provided below and answer all questions that follow As an operations analyst at the Massmart Group, you have been tasked

QUESTION 2 Study the information provided belowQUESTION 2 Study the information provided belowQUESTION 2 Study the information provided below

QUESTION 2 Study the information provided below and answer all questions that follow As an operations analyst at the Massmart Group, you have been tasked with analysing inventory of merchandise at a Game store in Durban. Assume that during the 2020 financial year, the aggregate demand for Samsung LED TV at the Game store was 3 200 units per quarter. During the 2020 financial year, Game charged fixed costs of R1 500 per order and the annual holding costs per Samsung LED TV were R50. The lead time associated with re-ordering the Samsung LED TVs was 3 days during the 2020 financial year. Assume a 300-working day for the 2020 financial year. REQUIRED: Using the information provided above, answer the following questions: 2.1 Calculate the number of Samsung LED TVs that the Game store should order per refill. (5 marks) 2.2 Calculate the number of orders placed by the Game store during the 2020 financial year. (3 marks) 2.3 Calculate the re-order point (in units) of Samsung LED TVs at the Game store during the 2020 financial year. (3 marks) QUESTION 2 Study the information provided below and answer all questions that follow As an operations analyst at the Massmart Group, you have been tasked with analysing inventory of merchandise at a Game store in Durban. Assume that during the 2020 financial year, the aggregate demand for Samsung LED TV at the Game store was 3 200 units per quarter. During the 2020 financial year, Game charged fixed costs of R1 500 per order and the annual holding costs per Samsung LED TV were R50. The lead time associated with re-ordering the Samsung LED TVs was 3 days during the 2020 financial year. Assume a 300-working day for the 2020 financial year. REQUIRED: Using the information provided above, answer the following questions: 2.1 Calculate the number of Samsung LED TVs that the Game store should order per refill. (5 marks) 2.2 Calculate the number of orders placed by the Game store during the 2020 financial year. (3 marks) 2.3 Calculate the re-order point (in units) of Samsung LED TVs at the Game store during the 2020 financial year. (3 marks) 2.4 Calculate the expected time (in days) between orders of Samsung LED TVs at the Game store during the 2020 financial year. (3 marks) 2.5 (3 marks) Calculate the total holding costs of the Samsung LED TVs at the Game store during the 2020 financial year. Calculate the total ordering costs of the Samsung LED TVs at the Game store during the 2020 financial year. 2.6

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