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Question 1 Use the information provided to answer the questions. 1.1 Calculate the annual economic order quantity from the information provided below. (4 marks)
Question 1 Use the information provided to answer the questions. 1.1 Calculate the annual economic order quantity from the information provided below. (4 marks) INFORMATION GM Electronics expects to sell 800 alarm systems each month of 2022 at R4 000 each. The cost price of each alarm system is R2 000. The inventory holding cost of an alarm system is 1% of the unit cost price. The cost of placing an order for the alarm systems is estimated at R60. 1.2 Study the information provided below and calculate the hourly recovery tariff per hour (expressed in rands and cents) of Martha. (4 marks) INFORMATION The basic annual salary of Martha is R576 000. She is entitled to an annual bonus of 90% of her basic monthly salary. Her employer contributes 8% of her basic salary to her pension fund. She works for 45 hours per week (from Monday to Friday). She is entitled to 21 days paid vacation leave. There are 12 public holidays in the year (365 days), 8 of which fall on weekdays.
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