What should inventory level be when new order is placed

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Reference no: EM131603912

Appliance for less is a local appliance store. it costs this store $27.91 per unit annually for storage, insurance, etc. to hold microwave in their inventory. sales this year are anticipated to be 575 units. each order costs $86. the company is using economic order quantity model in placing the orders. it takes approximately 5 days to receive an order after it has been placed. if the store insists on a 2 day safety stock assume 365 days a year what should the inventory level be when a new order is placed?

Reference no: EM131603912

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