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Given the information below, what is the reorder point (ROP) including safety stock to ensure a 95% service level? (Round to the nearest whole number)
Given the information below, what is the reorder point (ROP) including safety stock to ensure a 95% service level? (Round to the nearest whole number) Annual Requirements 13,500 Setup Cost $180 Holding Rate 21% Unit Cost $32 Order Lead Time 5 days Number of Days per Year 360 Days Standard Deviation of Daily Demand 7 200.00 - 249.99 O 250.00 - 299.99 300.00 - 349.99 350.00 -399.99 Dustin's Toy Car Store has an annual demand of 3,750 toy trucks. Their cost of placing an order for these toy trucks is $34.00 and their carrying cost is 18%. After placing an order, their typical lead time is 13 days. Assuming there are 360 days per year, what is the store's reorder point? (Round when necessary) Number of Units Price Per Unit 1 - 199 $47 200 - 399 $44 400 - Over $41 135 Days 142 Days 139 Days 128 Days Given the information below, what is the reorder point (ROP)? (Round to the nearest whole number) Annual Requirements 79,500 Setup Cost $275 Holding Rate 28% Unit Cost $52 Order Lead Time 17 days Number of Days per Year 360 Days O 3,754 units O 3,697 units O 3,634 units 3,721 units
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