Your store is operational 312 days per year for business. Your annual demand is 18,575 items of product. The lead time to receive an inbound shipment order to resupply your store is 14 days. When the inventory falls to what approximate level should a new order be placed, using reorder point?

Answer rating: 100% (QA)

To calculate the reorder point we need to consider the demand during the lead time as well as the sa... View the full answer