Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 03, 2024

If average demand for an item is 20 units per day, safety stock is 50 units and lead time is four days, the Reorder Point

If average demand for an item is 20 units per day, safety stock is 50 units and lead time is four days, the Reorder Point (ROP) will be: Group of answer choices 130 70 50 30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 3

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

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

16th edition

978-0134475585

Students also viewed these General Management questions

Question

★★★★★

Tell which of the following alkyl halides can give only one alkene, and which can give a mixture of alkenes, in the E2 reaction. (a) (b) CH,CH,CHCH,Br CH3

Answered: 1 week ago

Question

★★★★★

The following are the major balance sheet classifications. Current assets (CA) Current liabilities (CL) Long-term investments (LTI) Long-term liabilities (LTL) Property, plant, and equipment (PPE)...

Answered: 1 week ago

Question

★★★★★

TV safety, revisited. The manufacturer of the metal TV stands in Exercise 43 is thinking of revising its safety test. a) If the companys lawyers are worried about being sued for selling an unsafe...

Answered: 1 week ago

Question

★★★★★

A beginning accounting student tried to complete a work sheet for Dick Ady's Bookkeeping Service. The following adjusting entries were to have been analyzed and entered in the work sheet: (a) Ending...

Answered: 1 week ago

Question

★★★★★

what is the NAICS code for a burger restaurant business in a food industry

Answered: 1 week ago

Question

★★★★★

The partial worksheet for the Jamison Company showed the following data on October 31, 2019 INCOME BALANCE STATEMENT DEBIT SHEET ACCOUNT NAME Jason Jamison, Capital Jason Jamison, Drawing CREDIT...

Answered: 1 week ago

Question

★★★★★

5S is one of the most widely adopted techniques from the lean manufacturing toolbox. Based on the "house of lean", it's provide an overview of the tools and methods of lean management that can be...

Answered: 1 week ago

Question

★★★★★

As a manufacturing company, Company Kappa sells their sachets of powdered juices to retailers, supermarkets and distributors instead of direct customers. Having said this, they usually deliver...

Answered: 1 week ago

Question

★★★★★

What process improvements can HeroEnergy adopt to improve standardised data, financial reporting and employee engagement? A newly established government agency focusing on renewable energy has just...

Answered: 1 week ago

Question

★★★★★

The Temper-Tone Steel Company produces two major products, a stainless steel sheet called Flextin and stainless steel silverware. Both products go through the same initial production process where...

Answered: 1 week ago

Question

★★★★★

Vaughn Co. purchased 61,7% Ivanhoe Company bonds for $61000 cash. Interest is payable annually on January 1. If 28 of the securities are sold on January 1 for $32700, the entry would include a credit...

Answered: 1 week ago

Question

★★★★★

The real risk-free rate, r*, is 3%. Inflation is expected to average 2% a year for the next three years, after which time inflation is expected to average 3.5% a year. Assume that there is no...

Answered: 1 week ago

Question

★★★★★

You are analyzing the financial records of a business you have been thinking about buying. You discover that although the firm has excellent current and quick-asset ratios by industry standards...

Answered: 1 week ago

Question

★★★★★

Can Steven and Brian sell the sportswear business without selling out? Stephen Sullivan just couldnt stomach the idea. He and his partner and friend, Brian Cousins, had spent seven years building...

Answered: 1 week ago

Question

★★★★★

What factors warrant special attention in appraising a firms (a) inventory, (b) equipment, and (c) accounts receivable? LO-1

Answered: 1 week ago

Previous Question Next Question