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Min order quantity reorder level and lead times

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Min order quantity reorder level and lead times

  • This topic has 5 replies, 2 voices, and was last updated 6 years ago by AvatarJohn Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • October 12, 2019 at 12:00 pm #548887
    Avatarosamasyed123
    Participant
    • Topics: 51
    • Replies: 42
    • ☆☆

    Sir can we be asked about reorder level lead times min max usage in f9 repetition of topic in f2

    October 12, 2019 at 2:23 pm #548905
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    In theory yes, but in practice it is extremely unlikely (and I don’t think has ever been asked in Paper FM).

    October 12, 2019 at 2:54 pm #548913
    Avatarosamasyed123
    Participant
    • Topics: 51
    • Replies: 42
    • ☆☆

    Thankyou sir
    Also can you tell me about bankers acceptances

    October 13, 2019 at 10:37 am #548980
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    In future you must start a new thread when you are asking about a different topic.

    Suppose you sell goods on credit with the amount payable in (say) 2 months time. There is obviously a risk that the customer might end up not paying. So you might ask for a bankers acceptance (or bill of exchange) which is like a post-dated cheque. It is a paper guaranteed by the customer’s bank promising payment in 2 months time. You can either wait the 2 months and are guaranteed to then get the money, or (if you want the money sooner) you can sell the paper to someone else at a discount. The someone else will then get the money in 2 months time.

    October 13, 2019 at 1:27 pm #549003
    Avatarosamasyed123
    Participant
    • Topics: 51
    • Replies: 42
    • ☆☆

    Noted sir
    Thanks

    October 13, 2019 at 2:42 pm #549008
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘Min order quantity reorder level and lead times’ is closed to new replies.

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