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Question Completion Status: You have just been appointed as the cost accountant at the new manufacturing company. The manager would like you to ensure that
Question Completion Status: You have just been appointed as the cost accountant at the new manufacturing company. The manager would like you to ensure that the company doesn't run out of stock. The company operates for 50 weeks in a year You were provided you with the following information Maximum lead time 10 weeks Minimum lead time 6 weeks Cost of placing an order R200 Cost price per unit R50 Holding cost R10 Maximum usage 4000 units per week Minimum usage 1000 units per week Normal usage 2000 units per week Fill in the blanks in the template below to complete the calculations as required Note do not write R. or or leave any spaces in your answer Your answer must be digits only, eg 1000 The economic order quantity The total number of orders per annum The total ordering cost per annum The average inventory The total holding cost per annum The reorder level o
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