Solution-Compute the absolute maximum inventory

Compute the absolute maximum inventory

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Reference no: EM132664945

FF Company has obtained the following costs and other data pertaining to one of its materials:

Order Quantity 3,500 units
Normal use per day 500 units
Maximum use per day 600 units
Minimum use per day 100 units
Lead time 5 days

Required:

Problem a: Compute the following:

(1) Safety stock (maximum)
(2) Order point
(3) Normal maximum inventory
(4) Absolute maximum inventory

Reference no: EM132664945

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Compute the absolute maximum inventory

Reference no: EM132664945

Reference no: EM132664945

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