Reference no: EM132304615

Recently, a local student organization decided to sell French fries on Frenger Mall in front of Foreman Engineering Complex as a fundraiser. Below is a table of their sales over the school year:

Box of fries   Week

11                1

12                2

3                  3

5                  4

8                  5

7                  6

4                  7

6                  8

10                9

15                10

17                11

20                12

25                13

30                14

25                15

Unfortunately, every week, the student group ran out of fries and estimate typical lost sales of 10 to 50 percent of boxes sold. As they make $100 per box, this is a considerable inconvenience. They are studying what to recommend as an inventory level for next Fall’s student officers. Having taken IE 524, you quickly offer a recommendation….. Explain what makes your recommendation acceptable.