If Average Demand for an Inventory Item Is 200 Units

question 95

Short Answer

If average demand for an inventory item is 200 units per day, lead time is 3 days, and safety stock is 100 units, what is the reorder point?

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Definitions:

Socioeconomic Status

A measure of one's combined economic and social position in comparison to others, often based on income, education, and employment.

Life Span

The maximum duration of life of a species or individual, or a narrative account of major events and life stages from birth to death.

Pattern

A repeated decorative design or a regular and intelligible form or sequence discernible in the way in which something happens or is done.

Conception

The process of becoming pregnant involving the fertilization of an egg by a sperm.