McAfee Security

LastPass password...

Amazon.com $-$ Onli...

LastPass

Mr$.$ Melton Godette...

Harbor freight $$

$2=$ In$-$Text $C$

Question $8(2$ points$)$

The level of inventory that, when reached, drives a new order to be placed to ensure proper inventory is maintained is known as the reorder point. Your store is operational $312$ days per year for business. Your annual demand is $18,575$ items of product. The lead time to receive an inbound shipment order to resupply your store is $14$ days. When the inventory falls to what approximate level should a new order be placed, using reorder point? $($Note: Round up to next whole number of items, to be conservative in your processes, as it is better to be early than late.$)$

a$)713$ items in stock

b$)834$ items in stock

c$)1,001$ items in stock

d$)1,667$ items in stock

Search