Question
Use the following information to answer questions 6-8 Normal usage: 100 units per day Maximum usage: 130 units per day Minimum usage: 70 units
Use the following information to answer questions 6-8 Normal usage: 100 units per day Maximum usage: 130 units per day Minimum usage: 70 units per day Economic Order Quantity:5000 units Re-order Period: 25 to 30 days 6. Calculate is the re-order level? A. 700 units B. 130 units C. 3900 units D. 3250 units 7. Calculate the minimum level. A. 3900 units B. 1150 units C. 3250 units
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
