A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for which the following information is available (i) Based on the data above, at what level of stocks would a replenishment order be issued (a) 1050 (c) 1710 (b) 1330 (d) 1750 (2 marks) (ii) Ba...

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A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for

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A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for which the following information is available:

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(i) Based on the data above, at what level of stocks would a replenishment order be issued?

(a) 1050

(c) 1710

(b) 1330

(d) 1750 (2 marks)
(ii) Based on the data above, what is the maximum level of stocks possible?

(a) 1750

(c) 3460

(b) 2860

(d) 5210 (2 marks)
CIMA Stage 1

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Cost And Management Accounting

ISBN: 9781473749054

9th Edition

Authors: Colin Drury

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A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for

Question:

Average sales 75 per day Maximum sales 95 per day Minimum sales Lead time 50 per day 12-18 days Re-order quantity 1750

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Cost And Management Accounting

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