Question: SECTIONB Answer ANY THREE ( 3 ) questions in this section. QUESTION 3 A comoany manu'accures shoes. It requires 5 0 0 0 metres of
SECTIONB Answer ANY THREE questions in this section. QUESTION A comoany manu'accures shoes. It requires metres of leather per month. The company buys the leather from a supplier at a cost mathrmRwedge pe metre. The company's inventory carrying cost is estimated to be of the metre cost of leather and the o'dering cost is R per order Calculate the EOQ. What is the number of orders per year? Compute the total cost. Frovide an evaluation on the assumptions on wrich the Economic order quartity is kased. QUESTION You are provided with the following information regarding the sales date of a Manufacturny company. Calculate the a month weighted moving averages and deviations. Calculate the Mean absolute deviation MAD for the Marufacuing comoary
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