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In a dark store where online grocery orders are fulfilled, what type of inventory would pre-packged food hampers sold as part of a promotion be classified as?
During the Covid-19 pandemic, Harry’s shoes, a local handmade shoe shop, struggled to get raw materials and pay his rent. After the pandemic, all his costs increased astronomically. At this stage Harry needs to decide if he can afford to keep his shoe shop open.
Currently Harry’s costs are R300 per pair of shoes, what would the selling price per pair of shoes be to maintain a 50% mark-up?
During unpredictable times, many organisations moved to “just-in-case” inventory strategies where organisations keep large inventories on hand to minimise the probability that an item will be out of stock. Car Bearings SA sells different ranges of car bearings that are mainly manufactured in the Ukraine. Upon the first rumours of the war, they contemplated standardising some of their ranges to ensure that they receive continuous delivery and instead contract a different supplier than their current Ukrainian supplier.
Under which of the following situations would Car Bearings SA refrain from standardisation?
Instruction: Match each position to the correct step from the pool below.
Marking: You must get all positions correct to earn the full 2 marks.
Arrange the stages used by Zonke Brands to manage independent-demand items such as cleaning materials across production sites.
Step pool (randomised):Record actual usage of cleaning materials and compare it to the forecast.Decide on a review period or fixed reorder level for cleaning materials.Revise the upcoming forecast for cleaning materials based on variances and supplier performance.Forecast monthly consumption of cleaning materials such as detergents and disinfectants from maintenance schedules.Issue purchase orders to preferred suppliers of cleaning materials when the reorder level is reached.