Question: Question Completion Status: . 15 16 17 18 19 20 21 22 23 24 25 QUESTION 10 An Office Manager uses a Periodic Review Inventory

Question Completion Status: . 15 16 17 18 19 20
Question Completion Status: . 15 16 17 18 19 20 21 22 23 24 25 QUESTION 10 An Office Manager uses a Periodic Review Inventory System: they check the inventory in their Office Supply Closet once every 10 days, placing an order with the supplier depending on the inventory level in the closet. This week, the manager has counted 140 post it notes in the closet. They have already placed an order with a supplier for 300 post it notes that should arrive in 3 days. What is the Office Manager's Inventory Position? . S Order Quantity: Q = R - I, where R = restocking order-up-to level T = 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

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