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Question 3 The following information is available in respect of component D20: Maximum stock level 42,000 units Budgeted consumption : Maximum 7500 units per month
Question 3 The following information is available in respect of component D20: Maximum stock level 42,000 units Budgeted consumption : Maximum 7500 units per month Minimum 4000 units per month Estimated delivery period: Maximum 4 months Minimum 2 months You are required to calculate: i. Re-order level. ii. Re-order quantity
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