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Apple has an inventory item with an average daily demand of 10 units, and a maximum daily demand of 12 units. The economic order quantity
Apple has an inventory item with an average daily demand of 10 units, and a maximum daily demand of 12 units. The economic order quantity is 200 units. The reorder point is 50 units. Safety stocks are set at 94 units.
Required:
a. Determine the inventory level at the time of reordering
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