The following information is available in respect of a material. Maximum stock level = 20,000 units Consumption per day = 2,000 - 3,000 units…
BBS Cost and Management Accounting · 2081 · Solved Question with Answer
The following information is available in respect of a material.
Maximum stock level = 20,000 units
Consumption per day = 2,000 - 3,000 units
Re-order period = 4 - 6 days
Required: Reorder quantity