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D. Tren Tyre Ltd deals in tyres for which the following information is available: Average usage 140 tyres per day Minimum usage 90 tyres per
D. Tren Tyre Ltd deals in tyres for which the following information is available: Average usage 140 tyres per day Minimum usage 90 tyres per day Maximum usage 175 tyres per day Lead time 10 - 16 days Required: Based on this information calculate a) Reorder level. b) Daily excess stock level. c) Safety stock level d) Reorder point [3 Marks] [1 Mark] 3 [3 Marks] [3 Marks] [Total: 25 Marks]
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