Mathematics · Commercial Mathematics
Data relating to a particular inventory item are as follows: - Maximum daily usage: 520 units - Minimum daily usage: 180 units - Average daily usage: 400 units - Lead time for replenishment of inventory: 10 to 15 days - Reorder quantity: 8,000 units What is the reorder level (in units) which avoids stockouts?
- 18,000
- 27,800✓
- 36,000
- 45,000
Correct answer
7,800
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