Question: From the following information, calculate (i) Maximum level (ii) Minimum level (iii) Reorder level Minimum consumption Normal consumption Maximum consumption Reorder quantity Reorder period

From the following information, calculate (i) Maximum level (ii) Minimum level (iii)

From the following information, calculate (i) Maximum level (ii) Minimum level (iii) Reorder level Minimum consumption Normal consumption Maximum consumption Reorder quantity Reorder period Normal order period 240 units per day 300 units per day 420 units per day 3600 units 10 - 15 days 12 days

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