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

Inventory management software is a program that helps to keep track of your inventory levels, orders, sales, and delivery.

It may also be used to produce work orders, bills of materials, and some manufacturing paperwork in the production line.

The correct answer is 880 blue ink pens

The following formula for calculating the inventory position:

= Current stock counted in the closet + supplier orders previously placed

where

There are 220 blue ink pens inside the room right now.

In addition, 600 blue ink pens have been ordered from the provider.

Now plug these numbers into the formula above.

As a result, the inventory situation is

220 blue ink pens + 600 blue ink pens = 220 blue ink pens + 600 blue ink pens

= 880 pens having blue ink.

To know more about the number of ink pens of blue colour, refer to the link below:

link

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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