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Answer the Following Questions Using the Information Below:
North Ryde $21.25\quad\quad\quad \$ 21.25

question 84

Multiple Choice

Answer the following questions using the information below:
North Ryde Optics sells optical equipment.Vision Lenses manufactures special glass lenses.North Ryde Optics orders 10 400 lenses per year,200 per week at $20 per lens.Vision Lenses covers all shipping costs.North Ryde Optics earns 30% on its cash investments.The purchase-order lead time is 2.5 weeks.North Ryde Optics sells 250 lenses per week.The following data are available:
Relevant ordering costs per purchase order $21.25\quad\quad\quad \$ 21.25
Relevant insurance, materials handling, breakage,
and so on, per year $2.50\quad\quad\quad\quad\$2.50

-What is the reorder point?


Definitions:

Releasing Hormones

Hormones produced by the hypothalamus that stimulate or inhibit the release of hormones from the anterior pituitary gland.

Hypothalamus

A small region at the base of the brain responsible for hormone production and regulation of vital bodily functions, including temperature, thirst, hunger, sleep, and emotional activity.

Pituitary

A small, pea-sized gland located at the base of the brain, often termed the "master gland" because it secretes hormones that regulate other glands and many body functions including growth, reproduction, and metabolism.

Medial Forebrain Bundle

A neural pathway in the brain involved in the regulation of reward, pleasure, and addiction.

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