QUESTION $2$

$(20$ Marks$)$

REQUIRED: Assume that you are an operations analyst at MBHE, and you have been assigned the following tasks:

$2\mathrm{.}1.$ Calculate the economic order quantity $($EOQ$)$ for the switch connectors.

$(4$ marks$)$

$2\mathrm{.}2.$ Determine the annual costs of carrying the switch connectors at MBHE's central warehouse.

$(3$ marks$)$

$2\mathrm{.}3.$ Determine MBHE's annual ordering costs of the switch connectors.

$(3$ marks$)$

$2\mathrm{.}4.$ What is the reorder point of the switch connectors?

$(3$ marks$)$

$2\mathrm{.}5.$ Examine the strategic implications of adopting servitisation to expand MBHE's competitive offerings.

$(7$ marks$)$

Provide in$-$text citations to support your discussion.