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Nazrul Sdn Bhd , a fumiture company, specialised in the manufacturing of a moisture - resistant cabinet. To produce the cabinets, fibreboards are used and

Nazrul Sdn Bhd, a fumiture company, specialised in the manufacturing of a moisture- resistant cabinet. To produce the cabinets, fibreboards are used and imported from an external supplier. Each cabinet required four pieces of fibreboard. The management of the company is interested in monitoring the stock level of its synthetic woods in store.
The forecasted usage of synthetic wood for the year 2024 is as follows:
Month
Pieces
Month
Pieces
January 2,000
2,000
July
3.000
February
August
3,000
March 2,800
September
2,200
April 2,800 May 3,000
October
2.200
November
2,000
June 3,000
December
2.000
The reorder quantity is usually constant at 8,000 pieces, where delivery from the supplier will take as long as 4 months and the shortest time expected is 2 months.
Required:
Compute the following stock level for the year 2024:
i. Reorder level
ii. Minimum stock level
iii. Maximum stock level.
iv. Average Stock level

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