Question: Question 9 (4 points) Prince Electronics, a manufacturer of consumer electronic goods, uses a Q-model to make inventory decisions for one of its products. Annual

Question 9 (4 points) Prince Electronics, a
Question 9 (4 points) Prince Electronics, a manufacturer of consumer electronic goods, uses a Q-model to make inventory decisions for one of its products. Annual demand has been forecast to be 6400 units with a standard deviation of 10 units, while it costs $14 to hold one unit in inventory for a year and $700 to place an order. The order lead time is 25 days and the company operates 300 days per year. A cycle service level of 91 percent is desired. Which one of the following responses is closest to the appropriate re-order point? 89 160,082 08 600

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