Cost and Management AccountingTU Board 2078
The following information is available in respect of a material. • Maximum stock level = 12,000 units • Maximum consumption = 1,000 units • Average consumption = 800 units • Delivery period = 8 days…
2The following information is available in respect of a material. • Maximum stock level = 12,000 units • Maximum consumption = 1,000 units • Average consumption = 800 units • Delivery period = 8 days - 10 days • Re-order level = 7,200 Required: Reorder quantity
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