Question: Order Quantity: Q = R - 1 , where R = restocking order - up - to level I = inventory level at the time

Order Quantity: Q=R-1, where
R= restocking order-up-to level
I= inventory level at the time of review
Minimum Restocking Level =d(RP)+d(L)
RP= reorder period: time between orders
L= replenishment lead time (time periods)
d= average demand per time period
Order Quantity: Q=R-1, where R= restocking order-up-to level I= inventory level

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