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An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 1 0 days, placing an
An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every days, placing an order with their supplier depending on the inventory level in the closet. Once the order is placed, it takes days to receive the order. The average demand for post it notes is per day. This week, the manager has counted post it notes in the closet.
What is the Minimum Restocking Level restocking policy needed to cover expected demand over time without stocking out?
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