A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for which the following information is available:
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Average sales
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75 per day
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Maximum sales
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95 per day
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Minimum sales
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50 per day
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Lead time
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12-18 days
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Re-order quantity
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1750
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(i) Based on the data above, at what level of stocks would a replenishment order be issued?
A 1050 B 1330 C 1710 D 1750
(ii) Based on the data above, what is the maximum level of stocks possible?
A 1750 B 2860 C 3460 D 5210