Problem 3(adapted) FQS Corporation makes available the following information relative to its Material G4. Annual demand 30,000 units Working days in a year 300 days Normal lead time 12 days Maximum lead time 19 days Maximum usage per working day 125 units Economic order size 6,000 units

Required:

1. Lead time quantity

2. Safety stock quantity

3. Reorder point

4. Average inventory

5. Maximum inventory