Question - 26 From the books and records of the labal Art Press it is found that the average daily requirement of 20 x 30 - minimum requirements during any month are not likely to fall below 1,000 reams. The time required to secure the minimams art paper are 75 reams, the maximum requirements of art paper do not exceed 3,500 reams and the delivery from the supplier is usually 10 days. Economical Order Quantity is 1,500 reams. Required: Compute the Minimum and Maximum Limits and also the Ordering Level. If five days are sufficient to receive emergency supply, determine the danger level as well. Solution