1. The Apple iStore in the Mall of Africa in Midrand (Gauteng) has a demand (D) of 8 000 iPhones per year from its parent company in the United States. The store has a 250-day working year. Delivery of an order takes, on average, three working days, but has been known to take as long as four days.
2. Calculate the reorder point without a safety stock. 
3. Calculate a possible one-day safety stock that should ideally be kept at the iStore in the Mall of Africa.

Answer rating: 100% (QA)

To calculate the reorder point without a safety stock and a possible oneday safety stock we need to ... View the full answer