The company did not include in the count inventory $($cost$,K14,000$ that was purchased

with terms of FOB shipping point. The goods were in transit on December $31.$

Required

$($a$)$ Compute t inventory.

A taxi service must replace cars every $5$ years at a cost of $k450,000.$ At an $8\%$ rate of

interest, calculate

$($a$)$ The size of the fund if $k4000$ is deposited at the beginning of each month.

$($b$)$ The size of each quarterly payment necessary to meet this target.g briefings with her subordinates' as per company

policy to prepare and strategies for the challenges faced in the warehouse. One

day, Natalia told her team in one of the morning briefings that inventory

management is a "double edged sword" as a result we need to pay attention to

details. Discuss Natalia's accession that "inventory Management is a double

edged sword"

$($c$)$ Due to storage challenges and inventory getting obsolete while in the warehouse

shelves, Natalie has approached you for advice on the benefits of JUST IN TIME

INVENTORY MANAGEMENT SYSTEM. Advise Natalie the benefits and

shortcomings of just in time inventory management system. In your own analysis,

do you think Natalie should switch to just in time inventory management system or

not. Give recommendations for your answer.