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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!