Question
A company has recorded the last five days of daily demand for their only product. These values are 120, 125, 124, 128 and 133 units.
A company has recorded the last five days of daily demand for their only product. These values are 120, 125, 124, 128 and 133 units. The time from when an order is place to when it arrives at the company from its vendor is 4 days. Using the continuous review inventory management model, average demand computed based on five days of data, and no safety stock, the reorder point (ROP) is?
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Strategic Management A Competitive Advantage Approach Concepts
Authors: Fred R. David, Forest R. David
15th edition
978-0133444896, 133444791, 9780133444858, 133444899, 133444856, 978-0133444797
