(Answered) The following information was extracted from the books of

Management Studies

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

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Business Management, Management Studies

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