Question: A company operating under a continuous review ( Q ) system has an average demand of 5 3 units per week for an item. It
A company operating under a continuous review Q system has an average demand of units per week for an item. It costs the company $ to process each order. The standard deviation of demand over the week lead time is units. The holding cost is $ per unit per year. The company operates weeks per year and has a policy of maintaining a percent cycleservice level. What is the Reorder Point for the item? choose the range below which contains the correct answer
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