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Tiger wheel and tyres is a national chain of tyre fitters in Namibia that stocks a popular tyre for which the following information is available.

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Tiger wheel and tyres is a national chain of tyre fitters in Namibia that stocks a popular tyre for which the following information is available. The company operates on 50-wee year and normally operates from Monday to Friday only Average usage 140 tyres per day Minimum 90 tyres per day usage Maximum usage 175 tyres per day Lead 10 to 16 days time Reorder 3000 quantity Cost per tyre N$1 500 Holding Cost per unit 3% of unit cost Ordering Costs per order N$75.50 Calculate the reorder level

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