SK Enterprise manufactures a special product ZE. The following particulars were collected for the year 2004: Required:

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SK Enterprise manufactures a special product “ZE”. The following particulars were collected for the year 2004: image text in transcribed

Required: (i) Re-order quantity (ii) Re-order level (iii) What should be the inventory level (ideally)
immediately before the material order is received?

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Management Accounting Text Problems And Cases

ISBN: 9781259026683

6th Edition

Authors: M Y Khan, P K Jain

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Question Posted: Mar 05, 2024 04:00 AM

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SK Enterprise manufactures a special product ZE. The following particulars were collected for the year 2004: Required:

Question:

Annual consumption Cost per unit Ordering cost Inventory carrying cost Normal lead time Safety stock 12,000 units (360 days) 21 12 per order 24% 15 days 30 days consumption

Step by Step Answer:

i Reorder quantityEOQ Carrying cost per unit c 12000 units X 02412000 units 024 ...View the full answer

Management Accounting Text Problems And Cases

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