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Order Quantity: Q=R1, 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

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Order Quantity: Q=R1, 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 Order Quantity: Q=R1, 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

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