Question

Lily operates a gift shop and has a lot of inventory to manage. She counts inventory once every 4 weeks. Preparing and placing orders (the order cycle) takes 2 weeks. The orders take 6 weeks to arrive. What is her needs period?

Answer 1

Answer:

12 weeks

Explanation:

The computation of the needs period is shown below":

= Number of weeks inventory counts once + number of order cycles takes + number of the week taken for arrive

= 4 weeks + 2 weeks + 6 weeks

= 12 weeks

We simply added the total number of weeks that is mentioned in the question so that the needs period could be computed