Reference no: EM132548562

Question 1: What is the ordering level for material A? (Material A and B are used as follows: Minimum usage- 10 units each per week Maximum usage- 30 units per week Normal usage - 20 units per week Ordering quantity A= 120 units, B= 200 units Delivery period A=4-6 weeks, B= 2-4 weeks Calculate for each material (1) maximum level (2) minimum level (3) ordering level.)(Use the following details to solve the questions from Q no.4 to Q no.9.)

150 units

180 units

200 units

210 units

Question 2: What is the minimum level for materials A?

20 units

40 units

80 units

90 units

Question 3: Calculate maximum level for material A?

200 units

260 unit

300 unit

500 unit

Question 4: What is the ordering level for material B?

100 units

120 units

150 units

200 units

Question 5: What is the minimum level for material B?

30 units

60 units

90 units

120 units

Question 6: Calculate maximum level for material B?

200 units

300 units

400 units

500 units

Question 7: What is the formula for calculating Economic order quantity?

EOQ= 2U*P/S

EOQ= 2U*S/P

EOQ=2S*P/Q

EOQ=2Q*S/P