Question: to answer Given the following data for a particular inventory item: Usage 500 units/week Ordering cost $40 per order Carrying cost $0.01 per unit per
to answer
Given the following data for a particular inventory item: Usage 500 units/week Ordering cost $40 per order Carrying cost $0.01 per unit per week Lead Time 3 weeks For the economic order quantity, what is the reorder point? a. 4,000 units O b. 2,000 units O c. 3,000 units d. 1,500 unitsStep by Step Solution
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