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Judith Thompson, the manager of the student center cafeteria, has added pizza to the menu. The pizza is ordered frozen from a local pizza establishment
Judith Thompson, the manager of the student center cafeteria, has added pizza to the menu. The pizza is ordered frozen from a local pizza establishment and baked at the cafeteria. Judith anticipates a weekly demand of pizzas. The cafeteria is open weeks a year, days a week. The ordering cost is $ and the holding cost is $ per pizza per year. The pizza vendor has a day leadtime and Judith wants to maintain pizza for safety stock. What is the optimal reorder point?
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