Question: LEE is selling 5 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 5 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 five percent of the cost of the computer. If LEE is opening his store 300 days during the year, what would be the average inventory level? Formulas: Q = (2* D* Co) / (Cc) TC = D/Q (Co) + 1/2 Q (Cc)

Q. What is the average inventory level?

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