Which of the following formula is used to calculate Maximum Level?

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)