Q. Which of the following formula is used to calculate Maximum Level?
A. (Re-order level + Re-order qty) – (Maximum consumption × Maximum reorder period)
B. (Re-order level + Re-order qty) – (Minimum consumption × Minimum reorder period)
C. (Re-order level 4- EOQ) – (Minimum consumption × Minimum re-order period)
D. (B) or (C)
Answer: (B) or (C)
