Determine the reorder point and lead time quantity

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FQS Corporation makes available the following information relative to its Material G4. Annual demand 30,000 units Working days in a year 300 days Normal lead time 12 days Maximum lead time 19 days Maximum usage per working day 125 units Economic order size 6,000 units

Determine the following:

Required:

Question 1. Lead time quantity

Question 2. Safety stock quantity

Question 3. Reorder point

Question 4. Average inventory

Question 5. Maximum inventory

Reference no: EM132577204

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