Question: a. Using the order point system, when must an order be placed? b. Why is safety stock carried? c. What is the formula for the

a. Using the order point system, when must an order be placed?

b. Why is safety stock carried?

c. What is the formula for the order point?

d. On what two things does the order point depend?

e. Why is the demand during the lead time important? LO.1

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