Question
Question One Calculate the minimum stock level, maximum stock level, re-ordering level and average stock level from the following information: Minimum consumption = 100 units
Question One
Calculate the minimum stock level, maximum stock level, re-ordering level and average stock level from the following information:
Minimum consumption = 100 units per day
Maximum consumption = 150 units per day
Normal consumption = 120 units per day
Re-order period = 10-15 days
Re-order quantity = 1,500 units
Normal re-order period = 12 days
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Fraud Examination And Prevention
Authors: W. Steve Albrecht, Chad O. Albrecht
1st Edition
053872689X, 978-0538726894
