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Cranium, Inc., purchases a part from an overseas supplier under a continuous review system. The average demand for the part is 3 2 0 units
Cranium, Inc., purchases a part from an overseas supplier under a continuous review system. The average demand for the part is units a day with a standard deviation of units a day. It costs $ to process each order and there is a fiveday leadtime. The holding cost for each part is $ per year and the company policy is to maintain a service level. Cranium operates days per year. What is the reorder point R to satisfy a cycleservice level? choose the range below which contains the correct answer
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