Question
Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sportsd watches. From his experience, Mr. Jones knows that the PR-5 jogging watch
Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sportsd watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr. Jones requires no buffer stock at this time. a) Assume Mr. Jones perpetually reviews inventory levels. Find the reorder point for the PR 5 jogging watch. b. Find the average inventory level of the PR-5 watch. c. How might the reorder pooint change if Mr. Jones reviews inventory once each week? d. find the average inventory level of the PR-5 watch under this perodic review.
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