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Suppose that I have an item that has a demand of 3 0 0 0 units per month, 3 0 days / month assumed. a
Suppose that I have an item that has a demand of units per month, daysmonth assumed. a Suppose that I have an ordering policy that every Sunday morning, right before I open my store, I look at my remaining inventory of the item and make a decision on how much to order. This is known as a periodic review approach to inventory. If this item has a lead time of one day and I find on this Sunday morning that I have units of inventory left, how many would I order to last me through the week?
Suppose that I have an item that has a demand of units per month, daysmonth assumed.
a Suppose that I have an ordering policy that every Sunday morning, right before I open my store, I look at my remaining inventory of the item and make a decision on how much to order. This is known as a periodic review approach to inventory. If this item has a lead time of one day and I find on this Sunday morning that I have units of inventory left, how many would I order to last me through the week?
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