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The following data relate to a specific stock item. Normal usage 110 per day Minimum usage 50 per day Maximum Usage 140 per day Lead

The following data relate to a specific stock item.

Normal usage

110 per day

Minimum usage

50 per day

Maximum Usage

140 per day

Lead Time

25 to 30 days

EOQ

5,000

i.Calculate the reorder level?

ii.Calculate the minimum level?

Calculate the maximum level

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