Waterworks, a local retailer of plumbing supplies, faces

Waterworks, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 17,000 units per year. It costs Waterworks $35 to process an order to replenish stock and $2.00 per unit per year to carry the item in stock. Stock is received 6 working days after an order is placed. No backordering is allowed. Assume 275 working days a year. What is the inventory position immediately after an order has been placed? (Enter your response rounded to the nearest whole number.)



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