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The Following table contains data about the inventory for five items at Jones Corporation and the rate of sales for each of the five items in the upcoming year
Item# Beginning Unit Inventory Ending Unit Inventory Annual Unit Sales Unit Sales Per Day
1 230,000 200,000 430,000 5,400 2115,00086,000114,000 4,800 3 132,000 129,000 225,00022,500 4410,000510,000560,000 14,500 5105,000 113,000176,0008,200
What is the day supply for each item
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A large supplier of electronic components has decided to control the inventory of a certain item by a periodic review, order up to R policy. The mean demand rate for this item is 5
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