Question: LG uses the EOQ to order a specific part for their refrigerators. Their manufacturing facility uses 758 of these parts each day. When LG places
LG uses the EOQ to order a specific part for their refrigerators. Their manufacturing facility uses 758 of these parts each day. When LG places an order, the supplier gets it to their manufacturing facility 4 days later. What is the Reorder Point (ROP)?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
