Question: Two components, A and B, are used as follows: - Normal usage 50 per week each Minimum usage 25 per week each Maximum usage 75

Two components, A and B, are used as follows: - Normal usage 50 per week each Minimum usage 25 per week each Maximum usage 75 per week Re-order quantity A : 300; B :500 Re-order period A : 4 to 6 weeks; B : 2 to 4 weeks Calculate for each component: (a) re-order level; (b) minimum level; (c) maximum level; (d) average stock level Comment briefly on the difference in levels for the two components.

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