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 (days 10-20 for the current year) for one product for the next 4 questions. The previous order was for 300 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 450 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.

Day

Demand

Inventory

10

120

11

150

12

120

13

100

14

80

15

80

16

60

17

60

18

60

19

40

20

80

1) When is the next order? end of day ________

2) How large is the next order? ________

3) When is the subsequent order (after that above)? end of day _______

4) How large is that order? _________

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