Levine electrical supply purchases copper wire for $5.25 per pound from their supplier. The annual usage of copper wire is 250,000 pounds. This copper is imported from Peru and each order costs $500 to place the order, track and trace the international order, clear customs, and arrange for delivery. The cost of carrying inventory is 20%. If ordering the economic order quantity, what will be the annual ordering cost? Levine electrical supply purchases copper wire for $5.25 per pound from their supplier. The annual usage of copper wire is 250,000 pounds. This copper is imported from Peru and each order costs $500 to place the order, track and trace the international order, clear customs, and arrange for delivery. The cost of carrying inventory is 20%. Now consider there is a six week lead time for the product. Safety stock is set at 4 weeks of product. What is the re-order point? (hint: reorder point is demand during lead time pus safety stock