Use the following information to answer the question below: •Economic Order Quantity • Min. and Max. lead time 4,500 units 4-6 days • Consumption per day • Max. level 350-470 units 3 times the reorder level The maximum level is: Select one: O a. 4,650 units O b. 3,600 units O c. 1,200 units O d. 1,550 units

Practical Management Science
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Use the following information to answer the question below:
•Economic Order Quantity
• Min. and Max. lead time
4,500 units
4-6 days
• Consumption per day
• Max. level
350 - 470 units
3 times the reorder level
The maximum level is:
Select one:
O a. 4,650 units
O b. 3,600 units
Oc. 1,200 units
O d. 1,550 units
Transcribed Image Text:Use the following information to answer the question below: •Economic Order Quantity • Min. and Max. lead time 4,500 units 4-6 days • Consumption per day • Max. level 350 - 470 units 3 times the reorder level The maximum level is: Select one: O a. 4,650 units O b. 3,600 units Oc. 1,200 units O d. 1,550 units
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