Stock control, accounting, Basic Statistics

Assignment Help:

Two components, A and B, are used as follows:
normal usage - 50 per week each
minimum usage - 25 per week each
maximum usage - 75 per week
re-order quantity - A:300; B:500
re-order period - A: 4 to 6 weeks; B: 2 to 4 weeks

calculate for each component:
(a) re-order level
(b) minimum level
(c) maximum level
(d) average stock level

Comment briefly on the difference in levels for the two components.

Related Discussions:- Stock control, accounting

Permutation and combination, How many different starting lineups of 5 baske...

How many different starting lineups of 5 basketball players can be chosen from a squad of 13 players?

Cost accounting, Problems and solutions in marginal costing

Problems and solutions in marginal costing

Cost accounting, what is the relationship of cost accounting to financial a...

what is the relationship of cost accounting to financial and management accounting?

Definition of management accounting, Definition of Management Accounting ...

Definition of Management Accounting According to the Chartered Institution of Control Agency (CIMA), Control Sales is "the procedure of recognition, statistic, build up, researc

Time series, mathametical examples of components

mathametical examples of components

Journal entry, started business with cash

started business with cash

Statistics, Question 1 A courier company conducted a brainstorming sessio...

Question 1 A courier company conducted a brainstorming session amongst drivers to ascertain the reasons why it was unable to deliver items to households, always right first time.

Variability, the purpose of measures of variability

the purpose of measures of variability

What after the implementation of ifrs, What after the implementation of IFR...

What after the implementation of IFRS? Manager 1: IFRS is only the first step towards the change that the SEC is trying to bring in. Firstly it is going to take a couple of year

AMOUNT AVAILABLE IN DEBT SERVICE FUNDS , AMOUNT AVAILABLE IN DEBT SERVICE ...

AMOUNT AVAILABLE IN DEBT SERVICE FUNDS An "other debit" common journal value used in the General Long-Term Bills Additional Consideration that designates the quality of resources

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages