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A large print shop uses average of 278 boxes of copier paper per day. The firm operates 260 days a year. Inventory carrying cost for
A large print shop uses average of 278 boxes of copier paper per day. The firm operates 260 days a year. Inventory carrying cost for a box of paper is $40 a year per box and it costs $200 to order and receive a shipment of paper. The order replenishment lead time is 6 days. What is the Order Point (re-order point) assuming demand is known and constant
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