Question

Max. Company manufactures a product X. The following details are available for the year 2019. Monthly Demand of X 1,000 units; Cost of placing an order 100 Rs.; Annual carrying cost per unit 15 Rs.; Normal Usage 50 Units/week; Minimum Usage 25 Units/week; Maximum Usage 75 Units/week; Re-order period 4 to 6 weeks; Calculate: (a) Reorder Quantity; (b) Reorder Level; (c) Minimum Level; (d) Maximum Level and (e) Average Stock Level.​

Answer 1

Explanation:

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Answer 2

Answer:

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