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and minimum level of stock from the information given belc Reorder quantity Minimum stock level to allow for emergencies Average delivery time for suppliers Maximum stock level allowed by the management 4,000 units 5 weeks 4 weeks 20 weeks 250 units Average rate of consumption per week 800 unito Linimum consumption in 4 weeke

and minimum level of stock from the information given belc Reorder quantity Minimum stock level to allow for emergencies Average delivery time for suppliers Maximum stock level allowed by the management 4,000 units 5 weeks 4 weeks 20 weeks 250 units Average rate of consumption per week 800 unito Linimum consumption in 4 weeke

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Reorder level calculations part required.

Answer is 2250, show only workings part.

level and minimum level of stock from the information given below Reorder quantity Minimum stock level to allow for emergencies Average delivery time for suppliers Maximum stock level allowed by the management 4,000 units 5 weeks- 35 4 weeks 20 weeks 2. 250 units Average rate of consumption per week Minimum consumption in 4 weeks 800 units
Transcribed Image Text:level and minimum level of stock from the information given below Reorder quantity Minimum stock level to allow for emergencies Average delivery time for suppliers Maximum stock level allowed by the management 4,000 units 5 weeks- 35 4 weeks 20 weeks 2. 250 units Average rate of consumption per week Minimum consumption in 4 weeks 800 units
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