Question: 2 . 1 Using the table below, compile an ABC analysis: ( 8 ) Stock Number Quantity Rand Value J 2 4 1 6 8
Using the table below, compile an ABC analysis:
Stock Number Quantity Rand Value
J
R
L
M
P
T
S
Q
V
Gumede Construction manufactures aluminium door and window frames for the domestic market. The aluminium used in the manufacturing process is ordered in meter rolls. Mr Gumede expects to use rolls for the year His ordering costs are R and the holding cost is R The business works days per year.
Calculate the EOQ.
The number of orders per year
Length of the order cycle.
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