Question: A hardware store is open five days a week. It places orders for hand tools every two weeks (ten working days). The demand for hammers

A hardware store is open five days a week. It places orders for hand tools every two weeks (ten working days). The demand for hammers is relatively constant at five hammers per day. Lead-time for hammers is five days. The store manager decided to keep three days worth of demand on-hand as safety stock.

A. What is the Target Level

B. What is the Order Quantity if the store has a current inventory of 17 hammers?

C. There are three primary situations where a Periodic Review System is best used. In one or two sentences, what is one of these situations?

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