Question: 2 . The Go - Pro Extreme is a retail outlet that deals exclusively with Go - Pro cameras. The manager is trying to decide

2. The Go-Pro Extreme is a retail outlet that deals exclusively with Go-Pro cameras. The manager is trying to decide on an inventory and reorder policy for the economic travel use of a Go-Pro camera.
Each economic model Go-Pro camera costs $220 and demand is about 990 per year distributed evenly throughout the year.
Reordering costs are $98 per order and holding costs are figured at 25% of the cost of the item. The shop is open 300 days a year (6 days a week and closed two weeks in January for New Years Holiday). Lead time is 50 working days.
Determine the optimal reorder point
Select one:
a. When the inventory reaches 2700 items
b. When the inventory reaches 60 items
c.When the inventory reaches 165 items
d. When the inventory reaches 95 items
3. The Go-Pro Extreme is a retail outlet that deals exclusively with Go-Pro cameras. The manager is trying to decide on an inventory and reorder policy for the economic travel use of a Go-Pro camera.
Each economic model Go-Pro camera costs $220 and demand is about 990 per year distributed evenly throughout the year.
Reordering costs are $98 per order and holding costs are figured at 25% of the cost of the item. The shop is open 300 days a year (6 days a week and closed two weeks in January for New Years Holiday). Lead time is 50 working days.
Determine the number of annual orders to the nearest tenth (round your answer to one decimal place only).
**Enter the number only**
Select one:
a.2.3
b.58.9
c.14.2
d.15.1
e.16.7

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