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What is the cost of carrying an inventory per unit per year

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Reference no: EM133061580

Question - Chain Company has developed the following data from its Material A:

Safety stock 280 units

Average (normal) daily usage 200 units

Maximum daily use 240 units

Minimum daily use 180 units

EOQ 1,000 units

Cost of placing one order P 20

Working days per year 250 days

Lead time 6 days

1) What is the reorder point?

A. 1,480 B. 1,720 C. 1,360 D. 2,200

2) What is the absolute maximum inventory?

A. 1,280 units B. 800 units C. 1,040 units D. 1,400 units

3) What is the normal maximum inventory?

A. 1,280 units B. 1,400 units C. 800 units D. 1,040 units

4) What is the cost of carrying an inventory per unit per year?

A. P1.00 B. P0.50 C. P2.00 D. P1.50

5) What is the average inventory?

A. 740 B. 1,020 C. 500 D. 780

Reference no: EM133061580

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