Question: Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year. Assume that there is no Safety Stock. Determine

Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year. Assume that there is no Safety Stock. Determine the reorder point (R). (Round your answer to the nearest whole number) 3 $10.00 $250.00 9 Item cost Order cost Annual holding cost (%) Annual demand Lead time 33% of item cost 12 25,750 1 week 15 510 units ! 520 units 505 units 515 units

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