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 The estimated annual sales for Mall Tiles is approximately boxes of tiles. Annual carrying costs are R per box and the cost of an order is R Malls works day per year. Calculate: The EOQ The number of times the store must reorder The length of the order cycle. JIT systems are designed to achieve a smooth flow of production using minimal inventories. Discuss the main benefits of a JIT system.
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