A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for which the following information is available:
|
Average sales |
75 per day |
|
Maximum sales |
95 per day |
|
Minimum sales |
50 per day |
|
Lead time |
12-18 days |
|
Re-order quantity |
1750 |
(i) Based on the data above, at what level of stocks would a replenishment order be issued?
A 1050 B 1330 C 1710 D 1750
(ii) Based on the data above, what is the maximum level of stocks possible?
A 1750 B 2860 C 3460 D 5210
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