Below is the consumption per week of a certain item

      

Below is the consumption per week of a certain item
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Required: R.L; Min stock level, max stock level, average stock level.

  

Answers


Wilfred
i) R. L = Max consumption x max level time
400 x 6 = 2400kg

ii) Minimum stock level = 2400 – (300 x 5) = 900kg

iii) Maximum stock level = 2400 + 1500 – (200 x 4) = 3100

iv) Average stock level = (900 + 3100) x 0.5 = 2000
Wilfykil answered the question on August 5, 2019 at 12:12


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