Data relating to one particular stores item are as follows: Average daily issues 70 units Maximum daily issues 90 units Minimum daily issues 50 units Lead time for the replenishment of stock 11 to 17 days Re-order quantity Re-order level What is the maximum stock level (in units) for this stores item? 2000 1800

(a) 2950

(b) 3100

(c) 3250

(d) 3800 (2 marks) ACCA Financial Information for Management