Question: The Patrick Star Company uses assemblies to produce an array of small appliances. One of its high cost / high volume assemblies, the Squidward, has
The Patrick Star Company uses assemblies to produce an array of small appliances. One of its high cost high volume assemblies, the "Squidward", has an estimated annual demand of units. The company estimates the cost to place an order is $ and the holding cost for each assembly is $ per year. The company operates days per year. Lead time is days. What is the reorder point?
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