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