Romulo Drugstore sells 10 bottles of Paracetamol syrup Strawberry flavor 60 mL a day, and 15 bottles on holidays and weekends. It takes 5 days for the supplier to deliver the order; and on peak seasons and certain occasions, the supplier takes 10 days to deliver the ordered items.
Romulo Drugstore sells 10 bottles of Paracetamol syrup Strawberry flavor 60 mL a day, and 15 bottles on holidays and weekends. It takes 5 days for the supplier to deliver the order; and on peak seasons and certain occasions, the supplier takes 10 days to deliver the ordered items.
What should be the safety stock level of the said item?
20 bottles
25 bottles
100 bottles
175 bottles
What is the Average Lead Time?
5 days
10 days
15
None
What is the Maximum Lead Time?
5 days
10 days
15
None
What is the average daily use?
10 bottles
15 bottles
20 bottles
25 bottles
100 bottles
What is the maximum daily use?
10 bottles
15 bottles
20 bottles
25 bottles
100 bottles
Which of the following is NOT True?
Cycle Stock Inventory must be maintained.
Safety Stock Inventory must be secured.
Monitoring of inventory movement facilitates the necessary adjustment of both the Cycle Stock and Safety Stock Inventory.
Safety Stock inventory is also considered as a buffer stock.
None of the choices.
Step by step
Solved in 5 steps
