Question: Sam ' s Pet Hotel operates 5 2 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty

Sam's Pet Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.50 per bag. The following information is available about these bags. Refer to the standard normal tablefor z-values.
Demand =96bags/week
Order cost=$57/order
Annual holding cost=29 percent of cost
Desired cycle-service level 90percent
Lead time=2week(s)(14 working days)
Standard deviation of weekly demand=18 bags
Current on-hand inventory is 300bags, with no open orders or backorders.
What is reorder point?

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