Question: Consider a continuous review system and suppose that it is time to review the item. On-hand inventory equals 240, and there is a backorder for

Consider a continuous review system and suppose

Consider a continuous review system and suppose that it is time to review the item. On-hand inventory equals 240, and there is a backorder for 61 units and a scheduled receipt of 175 units. If the reorder point is 324, how much should be ordered? A. 30 B. 0 C. 84 D. 354 E. the EOQ amount

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