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Inventory Exercise Solution
Inventory Exercise Solution
Optimal
1X4 10 ft Pine 86 130
2X12 10 ft Pine 42 60
2X4 Stud bndl 19 65
4X8 1/4 in util 8 126
4X8 3/4 in Ash 20 42
Avg No. Reorders (units) Fill Rate (%) Value of Inventory
20.0 98.0% $18,771
7.7 98.4% $6,939
8.3 96.4% $7,884
0.8 99.7% $766
0.8 99.9% $674
2.4 98.8% $2,508