Question: . PetSmart operates 50 weeks per year and uses a continuous review inventory system. It purchases dry dog food for $12 per bag. The following

. PetSmart operates 50 weeks per year and uses a
. PetSmart operates 50 weeks per year and uses a continuous review inventory system. It purchases dry dog food for $12 per bag. The following information is available about these bags. Refer to the standard normal table at bottom of this page. Weekly demand - 50 bags/week constant - Order cost $30/order . Annual holding cost - 25 percent of the unit cost Desired cycle-service level=95.25 percent Average lead time = 4 weeks Standard deviation of lead time = 2 weeks . Current on-hand inventory is 300 bags, with no open orders or backorders. - . What should be the reorder point (ROP)? (Round your response to the nearest whole number.)

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