Question: Problem 1 2 - 1 8 ( Algo ) A newspaper publisher uses roughly 8 7 0 feet of baling wire each day to secure

Problem 12-18(Algo)
A newspaper publisher uses roughly 870 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is 7 workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 90 percent, if that stockout risk for various levels of safety stock is as follows: 1,300 feet, .10;1,500 feet, .05;2,400 feet, .2 ; and 2,600 feet, .01?
Appropriate reorder point
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 Problem 12-18(Algo) A newspaper publisher uses roughly 870 feet of baling

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