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Wooden Stuff really liked your job and has hired you as his new inventory manager! You now have to implement the Periodic Review Policy you
Wooden Stuff really liked your job and has hired you as his new inventory manager! You now have to implement the Periodic Review Policy you suggested in Part 4. It is your first week in the company and the supplier of the Lifting Table has contacted you to make you an offer. The supplier offers to reduce the lead time by 7 days (so your new lead time would be 3 days) but with an increase of 5% in the cost per unit. If you decide to take his offer, how will this impact your inventory (in units)
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