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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
10 days, placing an order with their supplier depending on the inventory level in the closet. The manager has set a restocking
level of 500 highlighters for their closet. This week, the manager has counted 180 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
R= restocking order-up-to level
I = inventory level at the time of review
Minimum Restocking Level =d(RP)+d(L)
RP= reorder period: time between orders
L= replenishment lead time (time periods)
d= average demand per time period
338 highlighters
680 highlighters
500 highlighters
370 highlighters
320 highlighters
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