1.1 Bonomic order quantity is decided on the basis of a. Carrying cost of inventory Ordering cost of inventory da and c. Purchasing cost of inventy e bande 1.2 Re-order level is calculated by: a. Number of days bad time x daily wage for period h Maximum usage x maximum load time c. Minimum usage x minimum load time da and ca and 1.3 Minimum inventory level is calculated as follows Reorder level 100 (minimum wage maximum lead time) b. Reede levd-average age average load time) c. Reorder level + BOQ (minimum usage x maximum lead time) d. Re-order level + (average age x average lead time) 4. Maximum sapex maximum load time 1.4 Which of the following is not an assumption of the EOQ a. The unit price er production con varies with the order The ordering cost per unit is constant c. Onder quantity is constant 4. The lead time for placing and receiving an order is constant e. The demand rate is known with certainty 1.5 An order should be placed when inventory reaches a. Minimum level Maximum level c. Re-order level 4. Danger level c. None of the above 1.6 Workers who cam wapes based on the basis of their output are called Peewerkers h Casual werkers Outsourced workers Part-time workers Permanent workers 1.7 Gross remuneration for hourly wages is calculated as a Units manufactured male per unit Hours worked x rate per hour c. Units manufactured rate per hour d. Hours worked x units produced e. Rate per howhous worked 1. Under what type of remuneration system is an organisation's budget simplified? Fixed salary Piecework te c. Hourly wages Total labour cost e. All of the above 1.9 Which of the following is not allowance? Travellowance Housing allowance Telephone allowance Medical and allowance c. All of the above are allowances 1.10 Taxable income is calculated as: a. Normal remuneration - Pension contribution Cross remuneration - Pension contribution c. Normal remuneration - Medical and contribution d Gross remuneration - Medical aid contribution e. Total income tax rate 1.11 Total of indirect material indretter ind indiret expenses is called 2. Indirect overhead Production cost c. Overheads.com dChargeablet e. All of the above