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21. Use the information below to calculate and comment on the productivity of the company over years 2016 QUESTION 2 to 2018 The question relates
21. Use the information below to calculate and comment on the productivity of the company over years 2016 QUESTION 2 to 2018 The question relates to Is Refrigerator Manufacturers. 114 2.2. Surest at least 3 (three) ways in which the company can improve productivity 2016 3 980 000 2017 4 150 000 2018 4 456 000 Fridges produced per annum No. of workers Hours per day Working days per year 265 8 257 375 8 257 410 8 258 QUESTION 3 (10) JASBike is a company that rents bikes. As a service to their customers, they have a coffee shop on their business premises. They serve 250 000 cups of coffee annually. Coffee is only served in paper cups. The cost per paper cup is R0.80. The company's inventory carrying cost per paper cup is estimated to be 10% of the cost per cup. The cost per order is calculated at R36.00. You are required to answer all of the questions below. 3.1. Calculate the Eoq (5) 3.2. What is the number of orders per year? 12) 3.3. Compute the average annual carrying cost. (3) 46 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE
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