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 information

PetSmart operates 50 weeks per year and uses a
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.) 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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