Question: Example 2 : In a manufacturing company, a material is used as follows: Maximum consumption - 1 2 , 0 0 0 units per week
Example :
In a manufacturing company, a material is used as follows:
Maximum consumption units per week
Minimum consumption units per week
Normal consumption units per week
Reorder quantity units
Time required for DeliveryMinimum: weeks, Maximum: weeks
Maximum reorder period for emergency purposes is weeks
Calculate: a Reorder level; b Minimum level; c Maximum level; d Danger level; and e Average stock level.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
