Weekly consumption of an article from a company is shown below: Week 1 8,900 Week 2 10,300

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Weekly consumption of an article from a company is shown below:

Week 1 8,900

Week 2 10,300

Week 3 9,000

Week 4 11,000

The delivery time is 12 days.

a) Calculate consumption during the delivery time.

b) How much will the safety stock be, if we want 30

c) % of the available stock (Safety Stock)?

d) What’s it the quantity to order (Order Point).

Related Book For answer-question

Research Methods for Business A Skill Building Approach

ISBN: 978-1119942252

6th edition

Authors: Uma Sekaran, Roger Bougie

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Posted Date: Apr 28, 2021 10:46 PM

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Weekly consumption of an article from a company is shown below: Week 1 8,900 Week 2 10,300

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Expert Answer:

2The company Best Stock Performance Inc would like to reduce its stock cost as much as possible They work on the Economic Quantity Ordered EQO Note No safety stock We do not deal with acquisition cost ... View the full answer

Research Methods for Business A Skill Building Approach

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