- Baikcycles Berhad Are Manufacturers Of Bicycle The Following Are The Details Of Their Operation During 2021 Assume A 5 1 (55.95 KiB) Viewed 42 times
BaikCycles Berhad are manufacturers of bicycle. The following are the details of their operation during 2021. Assume a 52-week year: • Average monthly market demand 1,800 bicycles • Ordering cost RM 200 per order • Inventory carrying cost 20% per annum • Cost of bicycles RM900 per bicycles • Normal usage 100 bicycles per week • Safety Stock 10 bicycles per week • Lead time to supply 4 weeks. Compute from the above: i. Economic order quantity. (4 marks) ii. Re-order level of stock. (4 marks)