A national chain of tyre fitters stocks a popular tyre for which the following information is available. Average usage 140 tyres per day Minimum usage 90 tyres per day Maximum usage 175 tyres per day Lead time 10–16 days Reorder quantity 3,000 tyres Based on the data above, at what level of stock should a replenishment order be issued? A 2,240 B 2,800 C 3,000 D 5,740

Q: Monthly sales of storage sheds at Wallace Garden supply are shown in the following table. Using the…

A: Month Actual Sales January 10 February 12 March 16 April 13 May 17 June 19 July 15…

Q: Choice Chioren grows and processes chioens. Each chicken is disassembled into five main parts.…

A: The methods of joint cost allocation in cost accounting are the split-off method and Physical…

Q: The Trektronics store begins each week with 240 phasers in stock. This stock is depleted each week…

A: Carrying costs are an important factor to consider when making inventory and asset management…

Q: A company purchases one of its raw materials from a particular supplier whose delivery limes can…

A: The objective of this question is to calculate the reorder level for a raw material given the lead…

Q: Compute a three-week moving average demand and a four-week moving average demand for weeks 5, 6, and…

A: i) Statement of computation of moving averages:   Week 5 Week 6 Week 7 three-week moving…

Q: Sample of Three Customers Information from 2020 Sales Cost of goods sold Abbotsford Furniture $…

A: The sample of three customers information from 2020 are : 1. Abbots ford furniture Sales = $437500…

Q: b) Wansam Ltd extracted the following from its records: Monthly demands of Ba Carrying cost per unit…

A: Based on the analysis, Wansam Ltd. should order 2,828 units each time the inventory level reaches…

Q: Consumption Ratios: Activity Rates Dienestar Company produces two types of get-well cards: scented…

A: Under Activity based costing method, the cost is allocated to each activity based on their…

Q: Octopus Company provides you with the following information regarding its inventory: Maximum lead…

A: A reorder point (ROP) is the point at which your inventory must be replenished. In other words, it…

Q: a. Find the reorder point necessary to provide a 98 percent service probability.

A: Following formula can be used to calculate the re-order point:

Q: solve this one please

A: If you have any problem let me know in comment box thankyou.

Motor Vehicle Insurance

Motor vehicle insurance is a contract between the insurance company that provides insurance cover and the person who owns the vehicle. According to the terms and conditions of the insurance contract, the insurance company reimburses the policyholder for losses and damages. This insurance policy covers the financial risks of the motor vehicle owner. Electronic vehicles are also covered in a vehicle insurance policy, but the insurance rate is relatively higher than other motor vehicle insurance. Motor vehicle insurance is otherwise called an automotive insurance policy.