Question: The table below provides demand data for 11 days (days 10-20 for the current year) for one product for the next 4 questions. The previous

The table below provides demand data for 11 days

The table below provides demand data for 11 days (days 10-20 for the current year) for one product for the next 4 questions. The previous order was for 200 units at the end of day 9. The lead time is a constant two days. At the beginning of day 10 the inventory level is 430 units. Orders are made at the end of a day. Suppose inventory is managed with a reorder point system where Q=300 and the reorder point is 250. Inventory Day 10 11 12 13 14 15 16 17 18 Demand 120 150 110 110 80 80 60 60 60 40 80 19 20 7.8 When is the next order? end of day 7.9 How large is the next order? 7.10 When is the subsequent order (after that above)? end of day 7.11 How large is that order

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