8. XYZ has developed the following data from itsMaterial ASafety stockAverage (normally) daily useMaximum daily useMinimum daily useEOQCost of placing an orderWorking days per year2802002401801,000Р20250 days6 daysWhat is the normal maximum inventory?Lead time

Normal Maximum Inventory = Order Point - Normal Use during Lead Time + EOQ

Answered: 8. XYZ has developed the following data…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Problem 1Q

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8. XYZ has developed the following data from its Material A Safety stock Average (normally) daily use Maximum daily use Minimum daily use EOQ Cost of placing an order Working days per year Lead time 280 200 240 180 1,000 P20 250 days 6 days What is the normal maximum inventory?