NextQ22

Choose the correct formula from the following for calculating Gross Working Capital:

Inventory Control and EOQStudy Simplify SpecialPYQ1MCQNumerical
Question 21

Raghuram has been appointed as the stock incharge in a readymade shirt manufacturing company. The Production Manager asks Raghuram to ensure the availability of fabric without any interruption so that there is no stock-out situation. For this Raghuram wants to know the re-order point of fabric for the company. He found out the procurement lead time is 2 months, and the demand during this period is expected to be 300 bales of cotton fabric per month. So the order should be placed when the stock reaches:

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