Order Point. Rider Company has obtained the following costs and other data pertaining to one of its

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Order Point. Rider Company has obtained the following costs and other data pertaining to one of its materials: LO2 Orderquantity. 1,500 units Normal use perday. 500 units Maximum use perday. 600 units Minimum use perday. 100 units Leadtime. 5 days Required: Compute the following:

(1) Safety stock (maximum)

(2) Order point

(3) Normal maximum inventory

(4) Absolute maximum inventory

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Cost Accounting

ISBN: 9780538828079

11th Edition

Authors: Lawrence H. Hammer, William K. Carter, Milton F. Usry

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