Exercise 4.2
Given the following information, find the reorder point using the perpetual inventory method. Add 50% to the amount
you calculate as the amount needed until the next delivery as a safety factor when determining the reorder point.
Canned Tomato Juice:
Normal usage - 2 cans per day
Delivery time - 5 days
Par stock - 24
Number of cans per case - 6
Canned Peaches:
Exercise 4.3
Normal usage-3 cans per day
Delivery time-4 days
Par stock-36
Number of cans per case - 12
Canned Black Olives:
Normal usage - 1 can per day
Delivery time - 5 days
Par stock-12
Number of cans per case -
- 12