A periodic inventory control system

timer Asked: Jan 21st, 2016

Question description

The forecasted annual demand for their premium leather jacket is 2,0000.The order-processing cost per order is $40,and the inventory holding cost is $35/item/year.

Design a periodic inventory control system for the fine garments company if it wishes to hold five weeks of demand as safety stock. If on a review the inventory of the premium leather jackets should be ordered?

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