Question: A supply chain manager is looking for the optimal order quantity and reorder point, given the following information. The total monthly demand is 5 0

A supply chain manager is looking for the optimal order quantity and reorder point, given the following information. The total monthly demand is 50 units, holding cost is $2 per item per year, and ordering cost is $6 per order. The supplier will send the orders in 4 business days (assume each month has 20 business days). How much is the EOQ and ROP for this supply chain?

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