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An Office Manager uses a Periodic Review Inventory System: they check the inventory in their 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 140 post it notes in the closet. They have already placed an order with a supplier for 300 post it notes that should arrive in 3 days. What is the Office Manager's Inventory Position

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There are 440 postings available in the inventory for office managers. it keeps the manager's position stable.

What is an inventory system?

Software for tracking inventory levels, orders, sales, and deliveries is called inventory management software. It can be used to construct a work order, bill of materials, and other documents connected to production in the industrial sector.

The inventory position is determined using the following formula:

= Current stock counted in the closet + prior supplier orders

where,

In-room post are=140

Ordered=300

Now the inventory is calculated as :

140 Post+ 300 post

= 440 post

Hence, the position of mangers inventory is 440 posts.

Learn more about the periodic inventory system:

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