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

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 per day ADVERTISEMENTS: (iv) Reorder period = 10-15 days (v) Reorder quantity = 1,600 units (vi) Normal reorder period = 10 days.
Frable Editing PURPOSE: To identify different types of sales and inventory reports INSTRUCTIONS CALCULATE MINIMUM STOCK LEVEL, MAXIMUM STOCK LEVEL AND RE-ORDERING LEVEL Maximum Consumption = 200 units per day * Minimum Consumption = 120 units per day (i) Normal Consumption = 160 units per day ADVERTISEMENTS: (iv) Reorder period = 10-15 days (V) Reorder quantity = 1,600 units (vi) Normal reorder period = 10 days
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
