Question: The yearly demand for raw material by a food processing factory is 4700 kg. If demand rate is constant, the lead time is 11 days
The yearly demand for raw material by a food processing factory is 4700 kg. If demand rate is constant, the lead time is 11 days and the safety stock is 70, calculate the Reorder Point (ROP) of the inventory level at which the manager should request a delivery (considering 270 working days in a year)?
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