Business, 27.02.2021 06:00 daniiltemkin20
ABC Ltd. is a retailer of footwear. They like to keep 3 days of safety stock just in case
they are busier than usual. They It sells 75 units of one of a famous brand daily. Its
supplier takes one week to deliver an order. At what quantity should the inventory
manager place his/her next order?
If they use a formula for the reorder point with safety stock as lead time x daily usage
+ safety stock, what would be the reorder point?
225 units
525 units
0600 units
750 units
Answers: 3
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Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.
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Business, 22.06.2019 13:30
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
Answers: 1
ABC Ltd. is a retailer of footwear. They like to keep 3 days of safety stock just in case
they are...
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