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Exercise 9A-2 Reorder Point and Safety Stock [LO5] Genome Limited manufactures parts for DNA testing kits. Details for one of the parts are shown below:
Exercise 9A-2 Reorder Point and Safety Stock [LO5] Genome Limited manufactures parts for DNA testing kits. Details for one of the parts are shown below: Management wants to know the proper safety stock to maintain for this component and the appropriate reorder point. Required: 1. Assume that no safety stock is to be carried. What is the reorder point? 2. Assume that a full safety stock is to be carried. a. What is the size of the safety stock in parts? b. What is the reorder point
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