Find the average inventory level

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Reference no: EM13842468

Mr Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr. Jones requires no buffer stock at this time.

a. Assume Mr.Jones perpetually review inventory levels. Find the reorder point for the PR-5 jogging watch.

b. Find the average inventory level of the PR-5 watch.

c. How might the reorder point change if Mr.Jones reviews inventory once each week? Find the reorder point under these conditions.

d. Find the average inventory level of the PR-5 watch under this periodic review.

Reference no: EM13842468

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