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?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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
280
200
240
180
1,000
Р20
250 days
6 days
What is the normal maximum inventory?
Lead time
Transcribed Image Text: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 280 200 240 180 1,000 Р20 250 days 6 days What is the normal maximum inventory? Lead time
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