(Answered) The annual demand for a product on periodic inventory

Management Studies

The annual demand for a product on periodic inventory system is 50,000 units; the replenishment lead time is 9 days. The review period has been established as 16 days. The Inventory Manager wants to hold enough safety stock to cover 15 days of demand. During a particular review, the on-hand inventory was 1000 units. How many units should be ordered?

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