Question: 2 . Calculate reorder level, minimum stock level, maximum stock level and average stock level from the following information:Normal usage 3 0 0 units per

2. Calculate reorder level, minimum stock level, maximum stock level and average stock level from the following information:Normal usage 300 units per weekMaximum usage 450 units per weekMinimum usage 150 units per weekReorder period 4-6 weeksReorder quantity 2,400 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

2 . Calculate reorder level, minimum stock level, maximum stock level and average stock level from the following information:Normal usage 3 0 0 units per weekMaximum usage 4 5 0 units per weekMinimum...

Q:

Calculate reorder level, minimum stock level, maximum stock level and average stock level from the following information: Normal usage Maximum usage 300 units per week Minimum usage Reorder period...

Q:

Question 2 Middle Ltd. has provided the accountant with the following information: Average usage Minimum usage Maximum usage Lead time 100 units per day 60 units per day 130 units per day 20-26 days...

Q:

RedSweet Sdn Bhd produces custom made cupcakes for their customer. The manager is concern about the rise in the price of flour and wishes to set new stock control levels. He has provided you with the...

Q:

The following information is provided for material PQ 251. = 6,000 units per week Maximum Consumption Minimum Consumption Re- order period or Lead time = 4-6 weeks Re-order quantity Required to...

Q:

2. The following information is available in respect of a particular material: Re-order quantity 3,600 units Maximum consumption 900 units per week Minimum consumption 300 units per week Normal...

Q:

S Q.3Madhuban group manufactures a product. The following particulars are as follows: Monthly demand 1000 units Cost of placing an order Rs. 100 Annual carrying cost per unit Rs. 15 Normal usages 50...

Q:

two companies A and B are used as follows normal usage 5 0 units per week each minimum usage 2 5 rupees each maximum usage 7 5 units per week each record of quantity a 3 0 0 units be 5 0 0 units...

Q:

Brian Ltd. sells standard alarm systems for residential homes. They have a standard product called Home Security. The demand for this product is 185 units per month. The supplier charges for the...

Q:

CALCULATE MINIMUM STOCK LEVEL, MAXIMUM STOCK LEVEL AND RE-ORDERING LEVEL (i) Maximum Consumption = 200 units per day (ii) Minimum Consumption = 120 units per day (ii) Normal Consumption =160 units...

Q:

Suppose that the radius of the Sun were increased to 5.90 ( 1012 m (the average radius of the orbit of Pluto), that the density of this expanded Sun were uniform, and that the planets revolved within...

Q:

By the end of its first year of operations, Previts Corporation has credit sales of $ 750,000 and accounts receivable of $ 350,000. Given its the first year of operations Previts management is unsure...

Q:

Which of the choices listed below are functions of the thymus? 1 main site of immune response 2 site of T cell maturation 3 site of B cell maturation 4 site of the proliferation of B cells 5 produces...

Q:

The exchange rate is 1.14 Swiss francs per dollar. How many U.S. dollars are needed to purchase 3,000 Swiss francs? $3,420.00 O $2,392.34 $3,690.00 O $2,631.58 O $3,025.79 O $3,02579