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Hajia Apuske uses a chemical named shito for her domestic activities. The chemicals are sold in bottles and for a year Hajia uses 4800 bottles.
Hajia Apuske uses a chemical named "shito" for her domestic activities. The chemicals are sold in bottles and for a year Hajia uses 4800 bottles. The cost per bottle is $95. It costs $150 to place an order. The chemical needs special storage facility and this cost Hajia 4 to ensure that. You are required to answer the following questions put by Hajia as Financial Advisor. Required V. Calculate: a) The minimum stock level b) The Re-order quantity. c) The Re-order level Stock d) The Average Stock level and also to analyze the various stock levels calculated
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