Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Birdie Sdn Bhd imports and markets special floating golf balls to various clients throughout Malaysia. The company is reviewing its purchasing policy. It expects to

Birdie Sdn Bhd imports and markets special floating golf balls to various clients throughout Malaysia. The company is reviewing its purchasing policy. It expects to sell 624,000 balls next year. The cost price of each ball is RM2.40 and is sold in dozens. Storage and other carrying cost are estimated at RM0.10 per ball. Ordering cost is RM20 per order. The delivery time is two weeks and safety stock level are 12,000 balls. The demand for such balls per year is about 52,000 dozen.

Calculate: The re-order levels.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

2. What are the different types of networks?

Answered: 1 week ago