SECTION B Answer ANY THREE (3) questions in this section. QUESTION 2 2.1 The Warren Fischer...

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SECTION B Answer ANY THREE (3) questions in this section. QUESTION 2 2.1 The Warren Fischer Computer Corporation purchases 8000 transistors each year as components in minicomputers. The unit cost of each transistor is R10, and the cost of carrying each single transistor in inventory for the year is R3. The ordering cost is R30 per order. Calculate the optimal order quantity, the expected number of orders placed each year, and the expected time between the orders. Assuming that Fisher operates a 200-day working year. 2.2 At Modern Lumber Inc, Moise Ngwenya the producer of apple crates sold to growers, has been able with his current equipment, to produce 240 crates per 100 logs. He currently purchases 100 logs per day, and each log requires 3 labor-hours to process. He believes that he can hire a professional buyer who can buy a better-quality log at the same cost. If this is the case, he can increase production to 260 crates per 100 logs. His labour hours will increase by 8 hours per day. What will be the impact on productivity (measured in crates per labor-hour) if the buyer is hired? QUESTION 3 (20 Marks) (10 Marks) (10 Marks) (20 Marks) A company is choosing an outside firm to provide its payroll services. It has chosen four comparative categories of interest: client reviews, financial condition, IT capabilities, and government stability. These categories have been assigned weights of 20%, 10%, 40%, and 30%, respectively. Three potential providers were scored on each of those factors (see table below) using a scale of 1-10, with a score of 1 meaning worst possible and 10 meaning best possible. Client reviews Financial condition IT capabilities Government stability Provider A 2 Provider B 6 Provider C 10 8 4 2 5 8 2 3 1 2 In reference to the information provided discuss the relevance of the factor rating method in making decisions and highlight which provider should be chosen. Show relevant calculations. QUESTION 4 (20 Marks) Ezemvelo Muskers purchases small, imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data for 2023 is provided for the items, which is not seasonal. Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 51 55 54 57 50 68 66 59 67 69 75 77 Using relevant calculations, determine the forecasts for the first FOUR (4) months of 2024 (January, February, March, and April) using trend projection. QUESTION 5 (20 Marks) Using any relevant examples of your choice evaluate the appropriateness of Total Quality Management in influencing organisational quality. SECTION B Answer ANY THREE (3) questions in this section. QUESTION 2 2.1 The Warren Fischer Computer Corporation purchases 8000 transistors each year as components in minicomputers. The unit cost of each transistor is R10, and the cost of carrying each single transistor in inventory for the year is R3. The ordering cost is R30 per order. Calculate the optimal order quantity, the expected number of orders placed each year, and the expected time between the orders. Assuming that Fisher operates a 200-day working year. 2.2 At Modern Lumber Inc, Moise Ngwenya the producer of apple crates sold to growers, has been able with his current equipment, to produce 240 crates per 100 logs. He currently purchases 100 logs per day, and each log requires 3 labor-hours to process. He believes that he can hire a professional buyer who can buy a better-quality log at the same cost. If this is the case, he can increase production to 260 crates per 100 logs. His labour hours will increase by 8 hours per day. What will be the impact on productivity (measured in crates per labor-hour) if the buyer is hired? QUESTION 3 (20 Marks) (10 Marks) (10 Marks) (20 Marks) A company is choosing an outside firm to provide its payroll services. It has chosen four comparative categories of interest: client reviews, financial condition, IT capabilities, and government stability. These categories have been assigned weights of 20%, 10%, 40%, and 30%, respectively. Three potential providers were scored on each of those factors (see table below) using a scale of 1-10, with a score of 1 meaning worst possible and 10 meaning best possible. Client reviews Financial condition IT capabilities Government stability Provider A 2 Provider B 6 Provider C 10 8 4 2 5 8 2 3 1 2 In reference to the information provided discuss the relevance of the factor rating method in making decisions and highlight which provider should be chosen. Show relevant calculations. QUESTION 4 (20 Marks) Ezemvelo Muskers purchases small, imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data for 2023 is provided for the items, which is not seasonal. Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 51 55 54 57 50 68 66 59 67 69 75 77 Using relevant calculations, determine the forecasts for the first FOUR (4) months of 2024 (January, February, March, and April) using trend projection. QUESTION 5 (20 Marks) Using any relevant examples of your choice evaluate the appropriateness of Total Quality Management in influencing organisational quality.