We have an item that we stock in our store that has fairly steady demand. Our supplier insists that we buy 1,200 units at a time. The lead time is very short on the item, since the supplier is only a few blocks away and we can pick up another 1,200 units when we run out.

Required:

How many units do you expect to have in inventory on average?

Answer rating: 100% (QA)

The total unit buy in hand is 1200 ... View the full answer