Question: While working as a material manager, you are responsible to place order for a certain commodities for your operations. If annual sales of these commodities
While working as a material manager, you are responsible to place order for a certain commodities for your operations. If annual sales of these commodities is 250,000 units, Purchase price is $3/unit and Lead time is 5 days. What would be the Reorder point? Round off to nearest decimal
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