IndigoLearn

MAY 2020 RTP DOUBT

Can you please check this computation for me? For ROL, Min Level, Max Level and Avg Level, we take avg consumption. But ICAI RTP May 20 has taken periodical consumption. I don't understand that premise. Also days computation for them I think is wrong- They got 14, I'm getting 13 (31-30 + 12) Sorry about the scrappy working.

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Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

26-Nov-20 00:38

22

Answers (4)

By average consumption, I mean daily consumption. They've taken periodical and that also different quantities of periods so there is no apples to apples comparision either


Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

26-Nov-20 00:39

By average consumption, I mean daily consumption. They've taken periodical and that also different quantities of periods so there is no apples to apples comparision either

Re-Order level can be computed by using both formula. One with Maximum and other with Min & Avg.


Suraj Lakhotia

Suraj Lakhotia

Admin

26-Nov-20 09:04

Still not that clear sir- My doubt is more with how they have taken the quantities- They have directly written the MRN Values and not considered days between different MRNs thereby giving different rates of consumption. In fact, their computed minimum stock level is at least 4 times more than the stock level in the ledger.


Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

26-Nov-20 09:05