(Solved): Question 1 a) Identify three types of lean wastes in a warehouse context and provide suggestions ho ...

Question 1 a) Identify three types of lean wastes in a warehouse context and provide suggestions how the wastes could be minimized. (15 marks) b) You run an online store for gym equipment. Annual demand for TrimAbs is 16,000. The annual holding cost per unit is $2.50, and the cost to place an order is $50. The manufacturer of TrimAbs has agreed to offer you a price discount of $5 per unit ($45 rather than $50) if you buy 1,500 units. How many units should you order at a time? (10 marks) Show all your workings clearly. ?: H UL 1 Z an