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

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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.  Annual demand (weekly demand =1/52 of annual demand)  52,000 units  Orders per year 20 Lead time in days 15 days  Cost of placing an order $100\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?


Definitions:

Well Tested

Describes a product, procedure, or system that has been thoroughly examined and tried to ensure reliability and effectiveness.

Technological Complexity

The intricacies involved in the technical aspects of a system, machinery, or process, which can affect its operation, maintenance, and enhancement.

Familiarity Of Technology

The extent to which individuals or organizations are comfortable with and able to effectively use technology tools and systems.

Equipment Vendors

Companies or individuals that supply machinery, tools, and technical gear to consumers or other businesses.

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