Question: LEE is selling 4 computers every day. Ordering cost is $100 per order, and the computer costs LEE $1,000 (i.e., price is $1,000). Orders arrive

LEE is selling 4 computers every day. Ordering cost is $100 per order, and the computer costs LEE $1,000 (i.e., price is $1,000). Orders arrive three days from the time they are placed. Holding cost is equal to two percent (2%) of the cost of the computer. If LEE is opening his store 250 days during the year, what would be the average inventory level?

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