Question
The following information relates to a component used in the manufacture of a single product: Re-order quantity 2, 900 units Usage per week Maximum 1,100
The following information relates to a component used in the manufacture of a single product:
Re-order quantity 2, 900 units
Usage per week
Maximum 1,100 units
Minimum 900 units
Estimated delivery period
Maximum 4 weeks
Minimum 2 weeks
Using the above data calculate the: (i) Re-order level
(ii) Maximum stock level
(iii) Minimum stock level
(iv) Average stock level.
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Strategic Management Concepts
Authors: Frank Rothaermel
2nd edition
77645065, 1259384071, 9780077645069, 978-1259384073
