What is the ending Inventory at the end of Thursday? 300 units 470 units 770 units 1800 units

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter3: Introduction To Optimization Modeling
Section3.8: A Multiperiod Production Model
Problem 22P
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Consider the following inventory control schedule or plan and then answer questions accordingly.
Given Information:
Orderd Quantity = 1500 units
reprder point = 470 units
%3D
Make sure you place an order at the end of the day
Lead time is 2 days ( it takes 2 days to receive any order you may place)
Day
Monday Tuesday Wednesday Thursday
Order
Starting
inventory
Demand
1000
500
200
Ending
Inventory
What is the ending Inventory at the end of Thursday?
300 units
470 units
770 units
1800 units
Transcribed Image Text:Consider the following inventory control schedule or plan and then answer questions accordingly. Given Information: Orderd Quantity = 1500 units reprder point = 470 units %3D Make sure you place an order at the end of the day Lead time is 2 days ( it takes 2 days to receive any order you may place) Day Monday Tuesday Wednesday Thursday Order Starting inventory Demand 1000 500 200 Ending Inventory What is the ending Inventory at the end of Thursday? 300 units 470 units 770 units 1800 units
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9781337406659
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