Question: 8. Given the information in the following table, answer the questions below. Item Par stock Usage in current Quantity on hand period Absolute Vodka 72

8. Given the information in the following table, answer the questions below. Item Par stock Usage in current Quantity on hand period Absolute Vodka 72 48 24 Blue Spirit Gin 36 24 3 Scotch Whisky 5 3 4 Beefeater 9 6 4 Don Julio Tequila 24 10 a. Should any adjustments to par stock be considered for any of the beverages listed in the table above? Which? Why? 36 b. Determine the proper order quantity for each item from the table above if the periodic order method is used. Order quantity ? 2 2 2 Item Absolute Vodka Blue Spirit Gin Scotch Whisky Beefeater Don Julio Tequila Par stock 72 36 5 9 36 12 ? ? 8. Given the information in the following table, answer the questions below. Item Par stock Usage in current Quantity on hand period Absolute Vodka 72 48 24 Blue Spirit Gin 36 24 3 Scotch Whisky 5 3 4 Beefeater 9 6 4 Don Julio Tequila 24 10 a. Should any adjustments to par stock be considered for any of the beverages listed in the table above? Which? Why? 36 b. Determine the proper order quantity for each item from the table above if the periodic order method is used. Order quantity ? 2 2 2 Item Absolute Vodka Blue Spirit Gin Scotch Whisky Beefeater Don Julio Tequila Par stock 72 36 5 9 36 12

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