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Find safety stock quantity and average inventory

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Reference no: EM132575051

FQS Corporation makes available the following information relative to its Material G4.

Annual demand                        30,000 units

Working days in a year               300 days

Normal lead time                       12 days

Maximum lead time                    19 days

Maximum usage per working day   125 units

Economic order size           6,000 units

Required:

Question a: Find :

1. Lead time quantity

2. Safety stock quantity

3. Reorder point

4. Average inventory

5. Maximum inventory

Reference no: EM132575051

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