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Lake Industries, Inc. uses 97,820 units of inventory every year. It generally takes seven days for the company to order and receive new inventory. Lake
Lake Industries, Inc. uses 97,820 units of inventory every year. It generally takes seven days for the company to order and receive new inventory. Lake likes to keep an additional seven days of inventory as safety stock. The company should place an order for new inventory when its stock reaches what point?
A. 268 B. 1,876 C. 3, 752 D. 97,820 E. None of the above
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