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state 2 purposes of an inventory

 

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Q: How is the re order level calculated?
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What is a maximum stock level?

Maximum stock level is the maximum amount of stock you should maintain to avoid depletion of quality and un-necessary carrying costs.It is calculated as follows RE-ORDER LEVEL + RE-ORDER QUANTITY - (MINIMUM CONSUMPTION x MINIMUM PERIOD OF DELIVERY.


What is meant by periodic review system?

a system for placing orders of varying sizes at regular intervals to replenish inventory up to a specified or target inventory level. A periodic inventory review system sets a specific re-order period, but the re-order quantity can vary according to need. The quantity re-ordered is calculated by subtracting existing inventory and on-order inventory from the target inventory level.


What is minimum stock level?

a minimum stock level is identified and re-order happens when that level is reached


What is the formula of Re- ordering level?

maximum consumption *maximum order


According to the order of operations consecutive operators with the same level of what are calculated from left to right?

precedence


What is the difference between re-order levels and re-order quantity?

) Reorder Level - Maximum Consumption x Reorder Period Reorder Period = is the amount of time from the point at which you determine the need to order to the point at which the inventory is on hand and available for use But Re Reorder Quantity is - How much quantity to be ordered when stock reached below reorder level - Anurag


How do you calculate reorder level for quantity?

re-order point/level = daily demand * lead time= (Annual Demend/Operation Day) * lead time


How do you rearrange worksheets?

Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.Click and drag on the Sheet tab to re-order the worksheets.


Where is the fuel level module in a 1997 gmc jimmy?

how to re & re fuel level module on 1997 jimmy


What is the precedence level of arithmetic operators?

The order of precedence is as follows:Parenthesis (expressions within brackets)Exponents (powers)Division & multiplicationAddition & subtractionOperations with equal precedence are calculated in left-to-right order.


What is fixed order system?

A fixed order quantity system is the arrangement in which the inventory level is continuously monitored and replenishment stock is ordered in previously-fixed quantities whenever at-hand stock falls to the established re-order point.


What is a fixed order quantity system?

A fixed order quantity system is the arrangement in which the inventory level is continuously monitored and replenishment stock is ordered in previously-fixed quantities whenever at-hand stock falls to the established re-order point.