Calculate Minimum level using the following information.       Normal rate of consumption is 60 kg per week       Maximum reorder period is 14 weeks       Normal reorder period is 7 weeks       Minimum reorder period is 6 weeks       Minimum rate of consumption is 55 kg per week       Maximum rate of consumption is 65 kg per week. a. 490 kg b. 430 kg c. 250 kg d. 310 kg

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Calculate Minimum level using the following information.
      Normal rate of consumption is 60 kg per week
      Maximum reorder period is 14 weeks
      Normal reorder period is 7 weeks
      Minimum reorder period is 6 weeks
      Minimum rate of consumption is 55 kg per week
      Maximum rate of consumption is 65 kg per week.
a.
490 kg
b.
430 kg
c.
250 kg
d.
310 kg
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