Cost per order: $1000

Carrying Cost/unit: $25

Shortage Cost/unit: $50

Use the following discrete distribution for Demand:

If you are trying to find lower the inventory cost what is true for the reorder point and order quantity?

Cost per order: $1000 Carrying Cost/unit: $25 Shortage Cost/unit: $50 Use the following discrete distribution for Demand: Demand Prob (x) (x) 20.00 0.20 24.00 0.35 28.00 0.25 32.00 0.15 40.00 0.05 If you are trying to find lower the inventory cost what is true for the reorder point and order quantity