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2 - ( 1 5 Points ) Company AXA stocks a ceriain product at its central warehouse for supplying field service offices. The yearly demand

2-(15 Points)
Company AXA stocks a ceriain product at its central warehouse for supplying field service offices. The yearly demand for this
product is 30000 units and the cost per unit is $100. The annual holding cost is 14% of the unit cost. The cost to place and
process an or from the supplier is 3 working dier is $240. The company operates 260 days per year, and the lead time to receive an order
from the supplier is 3 working days.
d) Find the number of times per year, the product should be ordered.
e) What's the reorder point?
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