Question: Mrs. Helen Wright, the procurement manager for Robinson Electronics, needs to establish a reorder point for microchips in her inventory. The daily demand for these
Mrs. Helen Wright, the procurement manager for Robinson Electronics, needs to establish a reorder point for microchips in her inventory. The daily demand for these microchips is 1,200 units, and the lead time for resupply is typically ten days. Mrs. Wright maintains 1,800 microchips as safety stock. What should be the reorder point for microchips in her inventory
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