Just need part 2 and 3

QUESTION 2 Cloggo plc is a firm that makes three kinds of shoes: a mens work shoe (MS); a womens shoe (WS) a trainer shoe (TS) They have the following sales and production schedule: Per Product MS ws TS $ $ S Sales Price 50 30 Direct mtrial 18 12 9 40 Each shoe is made following a three stage process which involves the consecutive use of three machines - Machine A1; then Machine B1 and finally Machine C1. The detailed machine production schedules and capacity are as follows: Machine Hours required per unit MS WS TS Machine A1 0.1 0.15 0.05 Machine B1 0.15 0.20 0.10 Machine C1 0.05 0.05 0.05 Total requirement for machine Hours (per month) MS WS TS Total Sales 290 000 350 000 425 000 1 065 000 Demand (est) 52 500 21 250 102 750 Machine 29 000 A1 B1 43 500 C1 14 500 70 000 17 500 42 500 21 250 156 000 53 250 The machine capacity is 150 000 hours for each machine (A1, B1 and C1) REQUIRED: 1. Using throughput accounting, define the bottleneck, and use this to rank the throughput per product, and create a throughput production schedule. [10 marks] 2. Evaluate three strategies that Cloggo plc could follow to improve the current manufacturing and financial performance. [7 marks] 3. Discuss throughput accounting and the particular benefits of this approach [8 marks]