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This question is based on the following information pertaining to material Pogi: Usage 50 – 100 lbs. per day Lead time 8 – 12 days Size of the order 600 lbs. No. of days in a year 340 What is the average stock level?              A. 1,250              B. 1,200              C. 1,000              D. 925 2. What is the maximum stock level?        2,500        2,000        1,400        1,200 3. What is the

This question is based on the following information pertaining to material Pogi: Usage 50 – 100 lbs. per day Lead time 8 – 12 days Size of the order 600 lbs. No. of days in a year 340 What is the average stock level?              A. 1,250              B. 1,200              C. 1,000              D. 925 2. What is the maximum stock level?        2,500        2,000        1,400        1,200 3. What is the

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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  1. This question is based on the following information pertaining to material Pogi: Usage 50 – 100 lbs. per day Lead time 8 – 12 days Size of the order 600 lbs. No. of days in a year 340 What is the average stock level?

             A. 1,250
             B. 1,200
             C. 1,000
             D. 925

2. What is the maximum stock level?

       2,500

       2,000

       1,400

       1,200

3. What is the minimum stock level?

      450

      800

      850

     1,000 

4. What is the re-order level?

       1,200

       1,600

       1,750

       1,800

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