Question: QUESTION TWO [ 2 5 ] The estimated annual sales for Mall Tiles is approximately 6 7 5 0 0 0 boxes of tiles. Annual

QUESTION TWO [25] The estimated annual sales for Mall Tiles is approximately 675000 boxes of tiles. Annual carrying costs are R 25.50 per box and the cost of an order is R36.25. Malls works 340 day per year. 2.1 Calculate: 2.1.1 The EOQ 2.1.2 The number of times the store must reorder 2.1.3 The length of the order cycle. (15)2.2 JIT systems are designed to achieve a smooth flow of production using minimal inventories. Discuss the main benefits of a JIT system. (10)

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