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The following information was extracted from the books of Falcon Holdings regarding its stocks:
i.
Reorder quantity
1,800
ii.
Reorder period
4 weeks
iii.
Maximum consumption
450 units/week
iv.
Normal consumption
300 units/week
v.
Minimum consumption
150 units/week
Vi
Maximum reorder period
5 weeks
Vii
Minimum reorder period
3 weeks
Required
Determine the following stock levels for Danex Holdings:
(i) Re-order level
(ii) Maximum stock level
(iii) Minimum stock level
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