What is the average inventory level

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Your company IMSE-R-Us sells plastic erasers, imported from China. It takes 8 weeks (2 months) to ship an order from China to your warehouse. Your ordering policy is to order 240 erasers every 6 months. a) What is the annual demand for erasers (assume a stationary system). b) What is the average inventory level? c) What is the expected “re-order” point?

Reference no: EM131283091

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