Reference no: EM133133990
Question 1 - You are given the following information:
Physical Stock balance 1800 units
Quantities on outstanding purchase orders 2700 units
Quantities on outstanding requisitions 900 units
Required - Calculate the Free Stock Balance.
Question 2 - What role does the free stock balance play in inventory management?
Question 3 - You are given the following information
Physical Stock balance ¼ of the Free Stock Balance
Quantities on outstanding purchase orders 2700 units
Quantities on outstanding requisitions 900 units
Required - Calculate the
1. Physical stock balance
2. Free stock balance
Question 4 - You are given the following information
Physical Stock balance 1/5 of the Free Stock Balance
Quantities on outstanding purchase orders 40,000 units
Quantities on outstanding requisitions 5,000 units
Required - Calculate the physical stock balance and the free stock balance.