Question
QUESTION 3: Data relating to one particular store's item are as follows: Average daily issues: 70 units Maximum daily issues: 90 units Minimum daily issues:
QUESTION 3:
Data relating to one particular store's item are as follows:
Average daily issues: 70 units
Maximum daily issues: 90 units
Minimum daily issues: 50 units
Lead time for the replenishment of stock is 11 to 17 days
Reorder quantity 2,000 units
Reorder level 1,800 units
What is the maximum stock level (in units) for this store's item? (show your work)
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Intermediate Accounting Volume 2
Authors: Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod-Dick, Kayla Tomulka, Romi-Lee Sevel
8th Edition
1260881245, 9781260881240
