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17 October, 02:24

An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 days, placing an order with their supplier depending on the inventory level in the closet. This week, the manager has counted 220 blue ink pens in the closet. They have already placed an order with a supplier for 600 blue ink pens that should arrive in 3 days. What is the Office Manager's Inventory Position

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  1. 17 October, 04:22
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    880 blue ink pens

    Explanation:

    The computation of the inventory position is shown below:

    = Current stock counted in the closet + already placed orders with the supplier

    where,

    Current stock counted in the closet is 220 blue ink pens

    And, the already placed orders with the supplier is 600 blue ink pens

    Now placing these values to the above formula

    So, the inventory position is

    = 220 blue ink pens + 600 blue ink pens

    = 880 blue ink pens
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