Question: Suppose a particular raw material that you order has an annual demand of 3700 units and a standard deviation of 4 units per day during

Suppose a particular raw material that you order
Suppose a particular raw material that you order has an annual demand of 3700 units and a standard deviation of 4 units per day during the lead time. Ordering cost is $5 per order, holding cost is $2 per unit per year, the amount of time between placing an order and receiving it is 7 days, and the cost to purchase the item is $20 per unit. What should the reorder point be if you wish to fill 95% of orders? 87 units 95 units 52 units 48 units

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