Economic order quantity Lead time Average usage Minimum usage Maximum usage kg 15-30 working days 640 kg per day 527 kg per day 753 kg per day 4.1 Reorder level 4.2 Minimum level 195 You are required to calculate the 3 Normal inventory control levels, which may be used in inventory control system:
Economic order quantity Lead time Average usage Minimum usage Maximum usage kg 15-30 working days 640 kg per day 527 kg per day 753 kg per day 4.1 Reorder level 4.2 Minimum level 195 You are required to calculate the 3 Normal inventory control levels, which may be used in inventory control system:
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 5CE: Refer to Cornerstone Exercise 3.4 for data on Dohini Manufacturing Companys purchasing cost and...
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![Question 4
In April 20x2 the following details relating to aspects of Sipho and Sipho Ltd are presented
in Table 4:
Table 4: Sipho and Sipho Ltd information
Economic order quantity
Lead time
Average usage
Minimum usage
Maximum usage
4.1 Reorder level
4.2 Minimum level
4.3 Maximum level
195 000 kg
15-30 working days
640 kg per day
527 kg per day
753 kg per day
You are required to calculate the 3 Normal inventory control levels, which may be used
in inventory control system:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7d1b6bc7-22be-4d7a-9314-f8909e710633%2Fc6abeca0-db80-4d6e-88ec-15f523473ec8%2F365j5fd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 4
In April 20x2 the following details relating to aspects of Sipho and Sipho Ltd are presented
in Table 4:
Table 4: Sipho and Sipho Ltd information
Economic order quantity
Lead time
Average usage
Minimum usage
Maximum usage
4.1 Reorder level
4.2 Minimum level
4.3 Maximum level
195 000 kg
15-30 working days
640 kg per day
527 kg per day
753 kg per day
You are required to calculate the 3 Normal inventory control levels, which may be used
in inventory control system:
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