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Olga Company Has an Economic Order Quantity for Item B

question 78

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Olga Company has an economic order quantity for item B of 100 units. The annual demand for the product is 1,400 units, and the unit carrying cost per year is $7. The company operates 200 days a year, the lead time for the item is ten days, and the safety stock is 100 units.
What is the reorder point?


Definitions:

Mislead

To deliberately provide false or misleading information in order to deceive someone or alter their understanding or decision-making.

Public

The general population or the community at large, often referred to in the context of societal or governmental affairs.

Business Ethics

Refers to the study and evaluation of decision-making processes within businesses, helping to determine what moral standards those decisions should adhere to.

Ethical Issue Awareness

The recognition and understanding of ethical dilemmas or problems within a specific context or organization.

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