Each year, Theta Inc. purchases 546,000 units of an input used in its production process...
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Accounting
Each year, Theta Inc. purchases 546,000 units of an input used in its production process from an outside supplier. The input is used at a rate of 2,310 units per day, although the company occasionally uses as many as 3,410 units per day. It takes Theta Inc. 2 days from the time of placing an order with the button supplier to the time of arrival at the manufacturing facility. What is the safety stock? 1,800 2.820 None of these options is correct. 2.200
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