Answered: Top Fashion Ltd uses 7280 meters of…

Top Fashion Ltd uses 7280 meters of fabric each year in its manufacturing processes. Weekly demand fo the fabric fluctuates between 110 and 160 tonnes. The lead time for each order is two months.

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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Question: calculate the reorder point in meters for the fabric.

CALCULATIONS
Top Fashion Ltd uses 7280 meters of fabric each year in its manufacturing processes. Weekly demand for
the fabric fluctuates between 110 and 160 tonnes. The lead time for each order is two months.

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