Question: How many C items will there be ? Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is

How many C items will there be?Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry
syrup which sells, on average, 80 bottles per week. Meyers cost is $8 per bottle. Meyer has determined
its order cost to be $100 and inventory carrying cost is 33.0 percent. Meyer is open for business 52 weeks per
year.
If the lead time is two weeks for raspberry syrup and Meyers would like a 90% service level, what should the reorder point be? The MAD for this product is 12 units per month (one month =4 weeks)

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