Jack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system of inventory management, and the following information is available for green apples: Average usage 800 per day Minimum usage 540 per day Maximum usage 1260 per day Lead time for replenishment 16-20 day Reorder quantity 19,500 apples Required: Calculate the reorder level ii Calculate the maximum level of inventory iii Calculate the minimum (buffer) inventory level

Jack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system of inventory management, and the following information is available for green apples: Average usage 800 per day Minimum usage 540 per day Maximum usage 1260 per day Lead time for replenishment 16-20 day Reorder quantity 19,500 apples Required: Calculate the reorder level ii Calculate the maximum level of inventory iii Calculate the minimum (buffer) inventory level

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

ChapterCSR: Contents Of Student Resources

Section: Chapter Questions

Problem 7.30EP

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