Shorts Company manufactures backpacks. A heavy-duty strap is one part that the company orders from an outside
Question:
Shorts Company manufactures backpacks. A heavy-duty strap is one part that the company orders from an outside supplier. Information pertaining to the strap is as follows:
Economic order quantity...................................6,300 units
Average daily usage..........................................315 units
Maximum daily usage........................................375 units
Lead time..........................................................4 days
Required:
1. What is the reorder point assuming no safety stock is carried?
2. What is the reorder point assuming that safety stock is carried?
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Related Book For 
Cornerstones of Cost Management
ISBN: 978-1111824402
2nd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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