In a factory component A is used as follows: Calculate the following for component A: (a) Re-order
Question:
In a factory component A is used as follows:
Calculate the following for component A:
(a) Re-order level
(b) Maximum level
(c) Minimum level
(d) Average stock level
Transcribed Image Text:
Normal usage 50 kg per week Maximum usage 75 kg per week Re-order period 4 to 6 weeks Minimum usage 25 kg per week Re-order quantity 300 kg
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