The Following Information Applies to Krynton Company,which Supplies Microscopes to Laboratories

question 24

Multiple Choice

The following information applies to Krynton Company,which supplies microscopes to laboratories throughout the country.Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. $\begin{array}{lr}\text { Annual demand (weekly demand }=1 / 52 \text { of annual demand) } & 52,000 \text { units } \\\text { Orders per year } & 20 \\\text { Lead time in days } & 15 \text { days } \\\text { Cost of placing an order } & \$ 100\end{array}$ What is the reorder point?

• A) 1,040 units
• B) 2,143 units
• C) 1,580 units
• D) 3,080 units

---

Definitions:

Trustee in Bankruptcy

An individual or entity appointed to administer the estate of a bankrupt person, managing assets and distributing them among creditors.

Chapter 7

A chapter under the U.S. Bankruptcy Code that deals with the process of liquidation, where a debtor's assets are sold off to pay creditors.

Debtor's Estate

All legal or equitable interests of the debtor in property at the time of bankruptcy filing.

Involuntary Petitions

Legal filings typically used in bankruptcy laws, forcibly initiating bankruptcy proceedings against a debtor by creditors.