Question: Given the following data for a particular inventory item: USAGE: ORDERING COST: HOLDING COST: LEAD TIME: PRICE: 500 units per week $40 per order I

Given the following data for a particular inventory item: USAGE: ORDERING COST: HOLDING COST: LEAD TIME: PRICE: 500 units per week $40 per order I cent per unit each week 3 weeks 50 cents per unit For the economic order quantity, what is the reorder point

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