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The following information was extracted from the books of

Question - The following information was extracted from the books of Danex Holdings regarding its stocks:

Reorder quantity 1,800

Reorder period 4 weeks

Maximum consumption 450 units/week

Normal consumption 300 units/week

Minimum consumption 150 Units/week

Maximum reorder period 5 weeks

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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Accounting Basics: The following information was extracted from the books of

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