Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information regarding Tekla LTD Maximum lead time Minimum lead time Maximum usage Minimum usage Purchase price per unit Average annual storage cost per

image text in transcribed
The following information regarding Tekla LTD Maximum lead time Minimum lead time Maximum usage Minimum usage Purchase price per unit Average annual storage cost per unit Cost to place an order Prime interest rate Production weeks per annum Stock financing is by overdraft NB: (assume 4 weeks are equivalent to 1 month) 6 weeks 2 weeks 8000 units per month 4000 units per month N$50.00 NS 2.20 N$120.00 11.50% 48 Required: a. b. C. d. e. Re-order stock level Minimum stock level Economic order quantity Average stock level Number of orders per annum Order cost per annum

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Productivity Audit

Authors: Mark Spelman, Paul Spence

1st Edition

1907766073, 978-1907766077

More Books

Students also viewed these Accounting questions