Question: Q6- Prepare the following inventory records demonstrating different ordering techniques. Hint- consider all elements of lead time. (9 marks) 1. 1200 Red Bull Order

Q6- Prepare the following inventory records demonstrating different ordering techniques. Hint- consider

Q6- Prepare the following inventory records demonstrating different ordering techniques. Hint- consider all elements of lead time. (9 marks) 1. 1200 Red Bull Order Quantity = 10000 Order Point with safety stock Safety stock 1 week usage Opening inventory = 10500 Page 5 of 8 2. 3100 Apples Min/Max 3. 6000 Toblerone Chocolate Bars Periodic Review with Target Minimum = 2000 Maximum 15000 Opening inventory=8000 Review after 1st issue and every 4 weeks Safety stock 5000 Opening inventory = 20000 Place 2 orders for each part. For part usage reference your material plans.

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