Question: Consider an inventory system where the total inventory includes both what is currently in stock and what is expected to arrive soon from outstanding orders.
Consider an inventory system where the total inventory includes both what is currently in stock and what is expected to arrive soon from outstanding orders. That is Total Inventory Current Inventory Reorder Quantity.
Suppose that a company's current inventory is units and the reorder quantity is estimated to be percent of the total inventory. Compute the Total Inventory and the Reorder Quantity in an EXCEL spreadsheet.
What is the Total Inventory amount? Round the result to the nearest integer.
Your answer is units.
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