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