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Please show work. 10. Smith Inc. maintains an inventory of part A. The average demand is 1248/ year. A safety stock of 30 is kept.
Please show work.
10. Smith Inc. maintains an inventory of part A. The average demand is 1248/ year. A safety stock of 30 is kept. The current lead -time from the supplier is 3 days. Every 10 days, the current inventory level is checked and ordered. Today is the day a new order is to be placed, and the current inventory is 138 . a. What is the target inventory level? b. How much should be ordered todayStep by Step Solution
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