(Solution) - Pilot Company has obtained the following costs and other data -(2025 Original AI-Free Solution)

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Download Solution ($11.00) Write My Paper Afresh

Buy For $11.00

Paper Details

Pilot 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:
Compute the following:
(1) Safety stock (maximum)
(2) Order point
(3) Normal maximum inventory
(4) Absolute maximum inventory