Question
A store has set reorder points based on a (Q, r) model. The company wants to move from a 90% service level to a 95%
A store has set reorder points based on a (Q, r) model. The company wants to move from a 90% service level to a 95% service level. If nothing else changes, will the reorder point, r:
a). Increase
b). Decrease
c). Stay the same
d). Depends on the demand distribution
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Get StartedRecommended Textbook for
Small Business Management Launching & Growing Entrepreneurial Ventures
Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy
17th edition
9781285972565, 1133947751, 1285972562, 978-1133947752
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