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Andrew and Fulton, Inc., uses 1,500 tons of a chemical bonding agent each year.Monthly demand fluctuates between 110 and 140 tons. The lead time for
Andrew and Fulton, Inc., uses 1,500 tons of a chemical bonding agent each year.Monthly demand fluctuates between 110 and 140 tons. The lead time for each order is one month, and the economic order quantity is 250 tons Required: 1. Determine the safety stock appropriate for the chemical bonding agent 2. At what order point, in terms of tons remaining in inventory, should Andrew and Fulton, Inc., order the bonding agent? Saflety stock 2. Reorder point tons tons
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