Calculate the reorder point. (Obj. 3). The Siegel Company uses 8,000 pounds of Material ST400 every day

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Calculate the reorder point. (Obj. 3). The Siegel Company uses 8,000 pounds of Material ST400 every day in production. It it takes 1 2 days for an order to be delivered and if the company always wants to have a 3-day supply on hand, what is the point at which it should reorder Material ST400?

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Cost Accounting Principles And Applications

ISBN: 9780028034287

6th Edition

Authors: Horace R. Brock, Linda Herrington

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