One of the components used by K Ltd is ordered from a specialist supplier. The daily usage for this component and the time between placing and receiving an order (the lead time) can vary as follows:
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Maximum usage Don't use plagiarized sources. Get Your Custom Essay on
calculate the number of units that can be ordered at the re order level if 609992
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750 per day |
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Average usage |
580 per day |
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Minimum usage |
450 per day |
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Maximum lead time |
15 days |
|
Average lead time |
12 days |
|
Minimum lead time |
8 day |
Calculate the number of units that can be ordered at the re-order level if. As a result of storage problems, the company cannot allow stock to rise above 15 000 units.
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