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3) Vision Company sells optical equipment. Blitz Company manufactures special glass lenses. Vision orders 12,200 lenses per year, 200 per week, at $42 per lens,
3) Vision Company sells optical equipment. Blitz Company manufactures special glass lenses. Vision orders 12,200 lenses per year, 200 per week, at $42 per lens, Blitz covers all shipping costs. Vision earns 21% on its cash investments. The purchase-order lead time is 2.0 weeks. Vision sells 225 lenses per week. The following data are available: Relevant ordering costs per purchase order $41.25 Relevant insurance, materials handling, breakage. and so on, per year $8.50 Compute the reorder point
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