Question: QUESTION 26 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Order Quantity = 150 units reprder point =

QUESTION 26 Consider the following inventory

QUESTION 26 Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Order Quantity = 150 units reprder point = 40 units Make sure you place an order at the end of the day Lead time is 2 days ( it takes 2 days to receive any order you may place) Day Monday Tuesday Wednesday Thursday Order Starting 100 inventory Demand 70 20 30 20 Ending Inventory According to your plan of inventory control, you should receive the first ordered quantity at the end of Monday O Tuesday O Wednesday O Thursday

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