Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr. Jones requires no buffer stock at this time.
Find the average inventory level of the PR-5 watch under this PERIODIC REVIEW. (I know the average inventory level but do not understand how to do it under the PERIODIC REVIEW) Please show work.