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The daily demand for a product is $42$ units. You use the Economic Order Quantity for ordering inventory. The lead time for the product is $6$ days and you review the inventory every $6$ days. What is the reorder point?

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Acuity Lighting has to find its order quantity for its new light fixture. Given the information in the table below, calculate the optimal order quantity $($EOQ$).$

Round your answer to the next whole number.

Annual Demand $12391$ units

Ordering Cost $$9$

Holding Cost $$5$

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Schneider Electric sells $12417$ units throughout its $260$ yearly operating days. The typical lead time to get the raw materials in is $7$ days, and the purchaser reviews the stock levels every $8$ operating day. The company uses the FOQ model for ordering stock. Calculate the Reorder point.

Round your answer to one decimal place.

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Schneider Electric sells $8686$ units throughout its $344$ yearly operating days. The typical lead time to get the raw materials in is $7$ days, and the purchaser reviews the stock levels every $9$ operating days. Using fixed time period, calculate the reorder quantity.

Round your answer to $1$ decimal place.

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Considering the following information, calculate the total annual cost of inventory if your order size is $227$ units:

Show your answer to $2$ decimal places.

Annual Demand $16037$ units

Unit Cost $$12\mathrm{.}82$

Ordering Cost $$7\mathrm{.}83$

Holding Cost $$8\mathrm{.}13$

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Consider the following information. If you are using the optimal order quantity for your ordering, what is the annual cost of inventory?

Show your answer to $2$ decimal places.

Annual Demand $50609$ units

Unit Cost $$21\mathrm{.}11$

Ordering Cost $$12\mathrm{.}5$

Holding Cost $$29\mathrm{.}12$

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