QUESTION THREE $[25]$

$3\mathrm{.}1$ Jabulani Traders expects to sell $6000$ porcelain toilet sets for the year $2020.$ Carrying costs are R$24\mathrm{.}65$ per set and order cost is R$31\mathrm{.}50.$ Jabulani Traders works a total of $302$ days per annum.

$3\mathrm{.}1\mathrm{.}1$ Using the information above, calculate the EOQ. $(5)$

$3\mathrm{.}1\mathrm{.}2$ How many orders would Jabulani Traders place for the year? $(4)$

$3\mathrm{.}1\mathrm{.}3$ Determine the length of the order cycle. $(4)$

$3\mathrm{.}2$ Just$-$in$-$Time $($JIT$)$ is a philosophy of continuous problem solving. With JIT, supplies and components are $$pulled$$ through a system to arrive where they are needed, when they needed and in the right quantity. Discuss the key elements of a JIT system. $(12$