The following information is available to you: Maximum stock level 12,000 units Per day consumption 600 to 800 units Reorder period 3 to 5 days…
2024 · Solved Question with Answer
The following information is available to you:
| Maximum stock level | 12,000 units |
| Per day consumption | 600 to 800 units |
| Reorder period | 3 to 5 days |
Required:
(a) Re-order level
(b) Re-order quantity