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A newspaper publisher uses roughly 920 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The
A newspaper publisher uses roughly 920 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is 4 workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 99 percent, if that stockout risk for various levels of safety stock is as follows: 1,200 feet, .10; 2,000 feet, .05; 2,100 feet, .02; and 2,300 feet, .01? Appropriate reorder point ______ ft
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