Store is open 7 days/week. orders units every other week. maintains safety stock of 120 units....

Store is open 7 days/week. orders units every other week. maintains safety stock of 120 units. weekly sales is 800 units. lead time is 3 days. current inventory is 350 units, how many units should it order?

Expert Solution

Weekly sales = 800 units

As the units are ordered every other week, the total sales in 2 weeks period = 2*800 = 1600 units

Current inventory = 350 units

Safety stock to be maintained = 120 units

Thus, the number of units to be ordered = Total demand - current inventory + safety stock + lead time*sales per day

= 1600 - 350 + 120 + 3*(800/7) = 1713 units

orchestra answered 1 year ago

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Store is open 7 days/week. orders units every other week. maintains safety stock of 120 units....

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