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
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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