Question: The local co-op uses continuous review model (EOQ) for its leading product. The annual demand for the product is 4566. The store is open 365
The local co-op uses continuous review model (EOQ) for its leading product. The annual demand for the product is 4566. The store is open 365 days per year. The lead time to get the product from the warehouse is 6 days. What is the reorder point for this product?
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