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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. The manager has set a restocking level of highlighters for their closet. This week, the manager has counted highlighters in the closet. How many highlighters will the manager order from their supplier? In other words, what is the Order Quantity? Order Quantity: Q R I, where restocking orderupto level I inventory level at the time of review Minimum Restocking Level reorder period: time between orders replenishment lead time time periods average demand per time period highlighters highlighters highlighters highlighters highlighters
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. The manager has set a restocking
level of highlighters for their closet. This week, the manager has counted highlighters in the closet.
How many highlighters will the manager order from their supplier? In other words, what is the Order Quantity?
Order Quantity: Q R I, where
restocking orderupto level
I inventory level at the time of review
Minimum Restocking Level
reorder period: time between orders
replenishment lead time time periods
average demand per time period
highlighters
highlighters
highlighters
highlighters
highlighters
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