Question: This is all about Perpetual order method. Answer what is required and follow the instructions. Provide a Clean and clear legible solutions. Thank you and

This is all about Perpetual order method. Answer what is required and follow the instructions. Provide a Clean and clear legible solutions. Thank you and Godbless.

This is all about Perpetual order method. Answer what is required and

Question # 1: Happy Lang Restaurant, uses the perpetual order method for its nonperishable foods. Given the following information, determine the reorder point and the reorder quantity for each of the following items. Add 50 percent to the amount you calculate as the amount needed until delivery as a safety factor when determining the reorder point. Requirement # 1: Determine the reorder point Canned Tomato Juice for each of the following items Requirement # 2: Determine the reorder Normal Usage (Cans ) 2 auantitv for each of the following items Time to get delivery (Days) 5 Par Stock 24 ILLUSTRATE YOUR SOLUTION AND ANSWER IN Number of Cans to case 6 THE NEXT TAB Canned Peaches Normal Usage (Cans ) 3 Time to get delivery (Days) 4 Par Stock 36 Number of Cans to case 12 Canned Black Olives Normal Usage (Cans ) Time to get delivery (Days) 5 Par Stock 12 Number of Cans to case 12

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 Accounting Questions!