Question 7:

Appliance for Less is a local appliance store. It costs this store $20.66 per unit annually for storage. insurance. etc., to hold microwave in their inventory. Sales this year are anticipated to be 619 units. Each order costs $96. The company is using Economic Order Quantity model in placing the orders. It takes approximately 2 dayls] to receive an order after it has been placed. If the store insists on a 3 dayis} safety stock {assume 365-days a year), what should the inventory level be when a new order is placed? [Round the answer to the whole numbed