The details of material stocked in a company are given below with the unit cost and the annual consumption in Kwachas ( K ). Classify the material in to A class, B class and C class by ABC analysis. Question Two A shopkeeper has a uniform demand of an item at the rate of 50 items per month. He buys from of ordering is K10 per order. Question Two A shopkeeper has a uniform demand of an item at the rate of 50 items per month. He buys from a supplier at a cost of K6 per item and the cost of ordering is K10 per order. I. If the stock holding costs are 20% of stock value, how frequently should he replenish his stock? 10 Marks II. Suppose the supplier offers 5\% discount on orders between 200 and 999 items and a 10% discount on orders exceeding or equal to 1000 units. Can the shopkeeper reduce his costs by taking advantage of either of these discounts? 10 Marks Question Three The information on the production card from the resident engineer shows that end item A is composed of four B's three C's and two D's. Each B consists of Three E's and three F's. Each of the C's has three F's and four G's. Each D is composed of three H's and two I's. Each E is composed of five l's and each F is made up of three J's and two K's. I. Develop the product structure for end item A 10 Marks Question One The details of material stocked in a company are given below with the unit cost and the annual consumption in Kwachas ( K ). Classify the material in to A class, B class and C class by ABC analysis. Question Two A shopkeeper has a uniform demand of an item at the rate of 50 items per month. He buys II. Determine the number of units of each item required to satisfy demand for a new order of 10 A's (bill of Materials) 10 Marks Question Four The following data relates to the sales of Mulungushi university branded shirts 1. Calculate the seasonal indices or seasonal factors 10 Marks II. If the shopkeeper estimated the annual total sales for 1999 to be 240 units, determine the seasonalized quarterly forecasts for this year 10 Marks AdditionalInformation EOQ=2DS/C,EOQ=(2DS/C)[p/(pd)]TSC=(Q/2)[(pd)/p]C+(D/Q)S,TSC=(Q/2)C+(D/Q)S+Dp