Exhibit 2. A bicycle store has an annual demand of 1,200 bicycles. It costs $12 to keep a bicycle in inventory for a year. Each time the store orders bicycles, it has to pay a shipping charge of $100, and they take 4 days to arrive. Historical 8 day demand total 48 is as follows:

3

7

4

4

6

7

8

9

Refer to Exhibit 2. If a service level of 90% is desired, what is the reorder point?

Question 14 options:

	22
	30
	13
	34
	10