Question: Docks Unlimited uses a Q - model to make inventory decisions about a replacement part for a stainless steel hinge. Annual demand is stable and
Docks Unlimited uses a Qmodel to make inventory decisions about a replacement part for a stainless steel hinge. Annual demand is stable and has been forecast to be units, while it costs $ to hold unit for a year and $ to place an order. The order lead time is days and the business operates days per year. The standard deviation of daily demand is To achieve a service level, which of the following responses is closest to the appropriate reorder point?
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