Question: 2 5 0 / 2 points An organization implemented a fixed order quantity material management system. The average daily demand is 3 3 units. The
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An organization implemented a fixed order quantity material management system. The average daily demand is units.
The lead time is days.
The safety stock was set at units.
Determine the reorder point and round to the nearest whole unit, if applicable.
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An organization implements a constant order quantity inventory system.
The setup procurement cost per transaction: $
The annual demand in units:
The cost of each inventory unit: $
The annual holding cost as a percentage of unit inventory cost:
Determine the optimal order quantity rounded to the nearest whole unit.
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