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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!