Read the statement below and answer all the FNE (5) puestions that follow: The eamings of the organization can be considerably mpacted by buyes and supply chain managenent An organization may spend up to 50% of its sales revenue on the acquisiton of goods and senices, including raw materiats: You are employed as a purchasing director at Food Lovers in Durtan, South Attica. Arswer all he folowing fie questions bused on the above statement QUESTION 1 (29 MARKS) Analyse any FVE (5) chalenges tacing purchasing and supply management making seterence bo food Lovers in Durban, South Atrica. Use practical examples to support your answer. QUESTION 2 (20 MARKS) The management of two diferent sized sachets of maize mes- 5kg and 3kgs entrusted to you. The lurger sachet is priced at R45 and the smaler one is R30, accorting to Shoprte your primary supplier. Cumenty, Fe promotion for the smaler packet syys. "Byy ONE get the second HALF PRICE" 2.1 Propose which size of Sugar currently gives you the best value for money. (t0 marks) 22 The amual dernand of Maize Meal = 750 units (bigger size), Delvered purchase cost = RaStunts. Annaal carrying cost percentagew 25 percent, Order cost = RFOlerdec. The lead tine is 10 working dejs. Assuming 20 wosing dys pes morth. 2.2.1 Determine the Economic Order Quantity (2 marks) 2.22 Determine the reoder point ( 2 marks) 2.23 Determine the average inventory (2 marks) 224 Suppose orders are placed only at review time. Find the oplimal period and he opting order quatly. (4 marks) QUESTION 3 (20 Naraks) Choose one product available at Food Lovers market and critque any FIVE (5) most imporant types of coss applicable is qualicy, Use practical exsmples to justly your answer. QUESTION 4 (20 MARKS) Transporafon helps people in those vatious locafons to trade and conduct business with one anotrer by moving people and things to difterent neighbortoods, ciles, stales, and counthes Examine any FIVE (5) faclors that Food Lovers should consider when seiecting mode of shipmert, carter and routing Use relevant examples to support your answer. QUESTION 5 (20 MAPuKS) The selection of a supplier establishes the crucia issues that will desermine wheher the agmizabon's procurment process is successful or unsuccesstul. Critcally examine how food Lovers will detect which suppler is abie to supply ins requiremens satistsctocly, boh strategicaly and operafionaly in the short and long iem. Make use of relevant exarples to ilustate your