If the minimum stock level and average stock level of raw-material A are 4,000 and 9,000 units
Question:
If the minimum stock level and average stock level of raw-material A are 4,000 and 9,000 units respectively, find out its ''Re-order quantity''.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
Minimum Stock Level of Material A Average Stock ...View the full answer
Answered By
Mary Boke
As an online tutor with over seven years of experience and a PhD in Education, I have had the opportunity to work with a wide range of students from diverse backgrounds. My experience in education has allowed me to develop a deep understanding of how students learn and the various approaches that can be used to facilitate their learning. I believe in creating a positive and inclusive learning environment that encourages students to ask questions and engage with the material. I work closely with my students to understand their individual learning styles, strengths, and challenges to tailor my approach accordingly. I also place a strong emphasis on building strong relationships with my students, which fosters trust and creates a supportive learning environment. Overall, my goal as an online tutor is to help students achieve their academic goals and develop a lifelong love of learning. I believe that education is a transformative experience that has the power to change lives, and I am committed to helping my students realize their full potential.
5.00+
4+ Reviews
22+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
ZEE is product manufactured out of three raw materials M, N and Q. Each unit of ZEE requires 10 kg, 8 kg, and 6 kg. of M, N and Q respectively. The re-order levels of M and N are 15,000 kgs and...
-
A company is considering the possibility of purchasing from a supplier a component it now makes. The supplier will provide the components in the necessary quantities at a unit price of 9....
-
What operational changes would you recommend to Wally to improve performance? Wally Meyer deftly balanced his office keys and a large printout of forecasting data as he wheeled his mountain bike...
-
Being employed as a casual barista in a local caf with a flourishing catering business called 'Brown's Caf' , where you are supervised by the caf owner, Jessica Williams. The company employs 20...
-
Manufacturers of large equipment such as aircraft and ships and companies involved in road construction have jobs that may require two or more years for completion. For example, Boeing Corporation...
-
The distance to Planet X from Earth is 1.00 light-year. (a) How long does it take a spaceship to reach X, according to the pilot of the spaceship, if the speed of the ship is 0.700c relative to X?...
-
When you remove a dielectric slab from between the plates of a charged isolated capacitor, what happens to the energy stored in the capacitor? Why does this happen to the stored energy?
-
Arundel Company disclosed the following information for its recent calendar year. Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 100,000 Expenses Salaries expense . . . . . . . ....
-
11. The current in a metallic conductor is plotted against voltage at two different temperatures T and T2. Which is correct :- Current 2 (1) T Voltage (2) T
-
From the details given below, calculate: (i) Re-ordering Level (ii) Maximum Level (iii) Minimum Level (iv) Danger Level Cost of placing a purchase order is Rs. 20 Number of units to be purchased...
-
Define waste, scrap, defectives and spoilage with examples. Discuss the respective treatment in cost accounts and set out a procedure for their control.
-
Concerning Brads life insurance decision, comment on the following: a. His need for life insurance b. If you think he needs life insurance, is whole life his best choice? c. His plan to use the whole...
-
What is meant by the tax subsidy of employer-paid health insurance? Explain why the subsidy very likely increases health care spending and thus the cost of such insurance. Give an example as to why a...
-
Many students smoke, drink alcohol, or ingest other addictive substances, such as caffeine (in coffee, tea, or soft drinks). How do the addiction models that are presented relate to students everyday...
-
Why does the differential stress increase downwards in the brittle crust?
-
Here is a complex yardstick problem. A monopoly hospital faces the following demand curve and the following marginal cost (with no fi xed costs) c = 22 (a) Calculate the profi t-maximizing values of...
-
Joints typically form during exhumation of rock units. Why?
-
Cracker Barrel, which operates restaurants and gift stores, is reexamining its policy of paying minimal dividends. In 1995, Cracker Barrel reported net income of $66 million; it had capital...
-
What impact has the Internet had on the globalization of small firms? How do you think small companies will use the Internet for business in the future?
-
Describe three major source documents used in job-costing systems.
-
Describe three major source documents used in job-costing systems.
-
Describe three major source documents used in job-costing systems.
-
What insights can be gleaned from self-efficacy theory regarding the pivotal role of perceived competence and efficacy beliefs in shaping an individual's motivation, persistence, and resilience in...
-
what are the most important components of ethical leadership?
-
Assume that A = Rnxn is an invertible matrix and that b Rn and ER" are two nonzero vectors in R". We denote by x and the solutions to the linear equations Ax = b and A = , respectively. Show that ||...
Study smarter with the SolutionInn App