Question:
Suggest the correct option to calculate reorder formula :
Suggest the correct option to calculate reorder formula :
Updated On: Apr 17, 2024
- Average daily usage rate × per unit cost
- Variable cost × Lead time in days
- Average daily usage rate × Lead time in days
- Lead time in days × total cost
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The Correct Option is C
Solution and Explanation
The correct option is(C): Average daily usage rate × Lead time in days
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