For the manufacture of a certain product two components A and B are used. The following particulars about these components are available:

You are required to calculate for each component:
(i) Reordering level;
(ii) Minimum level;
(iii) Maximum level;
(iv) Average stock level.

Transcribed Image Text:

Normal usage (per week) Maximum usage (per week) Minimum usage (per week) Reorder quantity Reorder period A 60 nos. 80 nos. 30 nos. 400 nos. 4 to 6 weeks B 60 nos. 80 nos. 30 nos. 600 nos. 2 to 4 weeks