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In a company weekly minimum and maximum consumption of material A are 25 and 75 units respectively. The reorder quantity

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In a company weekly minimum and maximum consumption of material A are 25 and 75 units respectively. The reorder quantity as fixed by the company is 300 units. The material is received within 4 to 6 weeks from issues of supply order. Calculate minimum level and maximum level of material A.

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Related Book For  answer-question
Cost Accounting

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Details
Chapter # 3- MATERIALS CONTROL
Section: Problems
Problem: 4
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Question Posted: August 30, 2023 14:11:01
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