Smart Auto Ltd, a Namibian car dealership imports and sells, among others, three popular Toyota models...
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Smart Auto Ltd, a Namibian car dealership imports and sells, among others, three popular Toyota models in Namibia: Corolla Cross, RAV4 and C-HR. The following budget has been made available by Smart Auto Ltd for the 2024 financial year: Annual demand (units) Cost per unit Corolla Cross 4 000 R450 000 REQUIRED: Answer the following questions independently. Models RAV4 3.2 3.2 5 000 R480 000 The ordering cost for each of the models is R10 000 and the annual holding costs per unit is estimated at 2 percent of the unit cost. C-HR 8 000 R420 000 3.1 Calculate the economic order quantity of each these three Toyota models (Assume that these three models are ordered independently of each other). Calculate the number of orders to be placed for the Corolla Cross model during 2024. Discuss SIX (6) reasons why Toyota, a Japanese automobile manufacturer, has internationalised operations. (12 marks) (2 marks) its domestic (6 marks) Smart Auto Ltd, a Namibian car dealership imports and sells, among others, three popular Toyota models in Namibia: Corolla Cross, RAV4 and C-HR. The following budget has been made available by Smart Auto Ltd for the 2024 financial year: Annual demand (units) Cost per unit Corolla Cross 4 000 R450 000 REQUIRED: Answer the following questions independently. Models RAV4 3.2 3.2 5 000 R480 000 The ordering cost for each of the models is R10 000 and the annual holding costs per unit is estimated at 2 percent of the unit cost. C-HR 8 000 R420 000 3.1 Calculate the economic order quantity of each these three Toyota models (Assume that these three models are ordered independently of each other). Calculate the number of orders to be placed for the Corolla Cross model during 2024. Discuss SIX (6) reasons why Toyota, a Japanese automobile manufacturer, has internationalised operations. (12 marks) (2 marks) its domestic (6 marks)
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