It takes approximately eight working days for an order of number 6 screws to arrive once the
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It takes approximately eight working days for an order of number 6 screws to arrive once the order has been placed. (Refer to Problem 6-20.) The demand for number 6 screws is fairly constant, and on average, Lila has observed that her brother’s hardware store sells 500 of these screws each day. Because the demand is fairly constant, Lila believes that she can avoid stockouts completely if she orders the number 6 screws only at the correct time. What is the ROP?
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Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Quantitative Analysis For Management
ISBN: 9781292217659
13th Global Edition
Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale
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