Question The laboratory at the Faculty of Human and Veterinary Laboratory Technology normally uses 1200 mL of Hydrochloric acid a day during practical dasses for students. However, during vacations when only the Postgraduate students are in session, the laboratory uses 300 mL of the acid. The laboratory usually receives a fresh supply of 20,000 mL of the acid in 5 days after an order has been placed with a supplier. However, the supplier once delivered a fresh supply in 3 days. The last time the laboratory received a fresh supply of the acid was on March 18, 2020. SECTION A a) Calculate the following for the acid: i) Maximum Daily Usage (2) ii) Average Daily Usage (2) iii) Minimum Daily Usage (2) iv) Minimum Delivery Period (2) v) Reorder Level (2) vi) Maximum Level (2) vii) Minimum Level (2) viii) The stock levels starting from March 18, 2020 b) Plot the Inventory Control Chart (8) c) Show on the chart the date on which a fresh order should be placed. (2) d) How many days are there between the Reorder Level and Minimum Level? (2) SECTION B e) Is the Average Delivery Period enough? Explain f) On what date can stockout occur? g) Explain the implication if the supplier delivers the acid in 8 days? (4) (2) (4) Question The laboratory at the Faculty of Human and Veterinary Laboratory Technology normally uses 1200 mL of Hydrochloric acid a day during practical dasses for students. However, during vacations when only the Postgraduate students are in session, the laboratory uses 300 mL of the acid. The laboratory usually receives a fresh supply of 20,000 mL of the acid in 5 days after an order has been placed with a supplier. However, the supplier once delivered a fresh supply in 3 days. The last time the laboratory received a fresh supply of the acid was on March 18, 2020. SECTION A a) Calculate the following for the acid: i) Maximum Daily Usage (2) ii) Average Daily Usage (2) iii) Minimum Daily Usage (2) iv) Minimum Delivery Period (2) v) Reorder Level (2) vi) Maximum Level (2) vii) Minimum Level (2) viii) The stock levels starting from March 18, 2020 b) Plot the Inventory Control Chart (8) c) Show on the chart the date on which a fresh order should be placed. (2) d) How many days are there between the Reorder Level and Minimum Level? (2) SECTION B e) Is the Average Delivery Period enough? Explain f) On what date can stockout occur? g) Explain the implication if the supplier delivers the acid in 8 days? (4) (2) (4)