A company uses 2555 units of an item annually. Delivery lead time is 8 days. The recorder point (in number of units) to achieve optimum inventory is

Keep practicing — related questions

• If the re-order level is 4,500 units and Economic Order Quantity is 6,000 units, minimum usage is 75 units ...
• Calculate the order point when it takes 3 months to receive delivery from the date of order and the usage i...
• Consider the following data for an item:  Annual demand: 2500 units per...
• If the minimum stock level and average stock of raw material A are 5,000 and 8,000 units respectively, find...
• The annual demand for an item is 6,400 units. What is the time period between two consecutive orders in a y...
• The annual demand for an item is 6,400 units. What is the time period between two consecutive orders in a y...
• The distribution of lead-time demand for an item is as follows ||| |---|---| | Lead time demand| Probabilit...
• Directions: Choose the correct option for the given question. Annual usage: 25580 units, cost of materials ...