Average stock level can be calculated as

Q. Average stock level can be calculated as

A.            Minimum stock level + ½ of Re-order level

B.            Maximum stock level + ½ of Re-order level

C.            Minimum stock level + 1/3 of Re-order level

D.            Maximum stock level + 1/3 of Re-order level

Answer: Minimum stock level + ½ of Re-order level