What Is The Salary Of A Stock Manager? Stock managers in the United States make an average salary of $106,323 per year or $51.12 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $83,000 a year, while the top 10% makes $136,000. As most things go,
How Do You Calculate Maximum Inventory Level? Maximum Stock Level = Reordering Level + Reorder Quantity – (Minimum Consumption x Reorder period) = 3,000 + 1,600 – (120 X 10) = 3,000 + 1,600 – 1,200 = 2,400 units. What is maximum inventory quantity? Maximum Level: It is the quantity of materials beyond which a
What Do You Learn In Supply Chain Management? By studying supply chain management, you’ll learn how to handle the industry’s challenges and trends. In this line of work, balance is a major challenge. You may need to juggle customers who want their products delivered fast with the task of calculating an organization’s books. What subjects
What Is The Purpose Of Fixing Maximum Stock Level? It is the largest quantity of a particular material which may be held in the store at any time. Objective: The objective of fixing the maximum stock level is to avoid the costs of over stocking such as cost of storage, cost of investment in stock,