Question: Assume demand for webcams at Logitech is constant at 716 units per month. Logitech incurs a fixed order cost of $994 each time it places

Assume demand for webcams at Logitech is constant
Assume demand for webcams at Logitech is constant at 716 units per month. Logitech incurs a fixed order cost of $994 each time it places an order. The holding cost per unit per year is 30% of the purchase cost per unit of $55. Currently, Logitech orders 479 units whenever it places an order. The lead time to receive the order is 18 days. Assume Logitech operates 364 days, 52 weeks, or 12 months per year. Calculate the reorder point. Enter your answer rounded to one decimal place (nearest tenth)

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