Question
Suppose a basic health facility is operating in district. Being storekeeper, calculate Facility Max level? If EOP = 3 months Review Period = quarterly AMC
Suppose a basic health facility is operating in district. Being storekeeper, calculate Facility Max level? If
EOP = 3 months
Review Period = quarterly
AMC = 500 units / month
Max stock quantity = 600 units
On month end, SOH = 300 units
Order = Max stock quantity - Stock on hand=600-300=300
Order quantity= 300 units
AMC= AVERAGE MONTHLY CONSUMPTION
SOH=STOCK ON HAND
EOP= ECONOMIC ORDER POINT
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Given data Economic Order Point EOP 3 months Review Period quarterly 3 months Average ...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
