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A company has recorded the last five days of daily demand on their only product.Those values are 120,125,124,128 and 133.The time from when an order is placed to when it arrives at the company from its vendor is 5 days.Assuming the basic fixed-order quantity inventory model fits this situation and no safety stock is needed,which of the following is the reorder point (R) ?
Large Boat Sail
The act of propelling a large vessel over water by harnessing the wind with large fabric surfaces attached to masts.
Cognitive Dissonance
The psychological discomfort experienced when holding two or more conflicting cognitions (thoughts, beliefs, attitudes).
Conformity
The act of aligning one's attitudes, beliefs, or behaviors to match those of a group or social norm.
Cognitive Dissonance
A psychological phenomenon where an individual experiences discomfort from holding two or more contradictory beliefs, ideas, or values simultaneously.
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