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The following tabels refers to an in ventory item
reorder level (unit ) 800
lead time (day) 7
daily demand (units) 100
EOQ (units) 2000A purchase order was placed in accordance with the above and demand was as expected but the supplier delivered the order 3 days late
HOW MANY OF THESE UNITS IN INVENTORY IMMEDIATELY AFTER DELIVERY?
……… UNITSPLZZ anybody solve this question plzzz
PLEASE HELP SOMEONE HAD FACE IN CBE..
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HOW MANY OF THESE UNITS IN INVENTORY IMMEDIATELY AFTER DELIVERY?
……… UNITS
Wt do u exactly mean?2000
If the order where delivered on time it would be 2100.
Order is made when inventory is at 800 firm uses 100 units per day inventory runs out on day 8 order arrives on day 10 and is added to 0 units in inventory thus the order amount of 2000 is the total inventory.
Not very tricky at all.
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hi.i really need ur help on process costing..
In fact, i’m understanding what is says by dgree of completion..how is for each cost..its a question on Open Tuition notebook:
chapter 8, MCQ q 9- Topics: 0
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yup just like how bridmw said,not tricky at all,just the matter of understanding
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