The following information is available in respect of component 20: You are required to calculate: (a) Reorder
Question:
The following information is available in respect of component 20:
You are required to calculate:
(a) Re–order level
(b) Reorder quantity
Transcribed Image Text:
Maximum stock level 8000 units Budget consumption Maximum: 1500 units per month Minimum: 800 units per month Estimated delivery period: Maximum = 4 months Minimum 2 months
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