Question: P - system control procedure is used for an item. It is reviewed every month. The parameters of the item are as follows: demand is

P - system control procedure is used for an item. It is reviewed every month. The parameters of the item are as follows: demand is 240 units annually and lead time is 5 days (Assume 25 working days/month). At review point the inventory available on hand is 30 units. Determine the order quantity.

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