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Question 36 (2 points) Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the reorder point
Question 36 (2 points) Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the reorder point monthly sales: 4,000 pairs purchase order lead time: 8 days days open per relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/pair stockout costs: $48 per stockout safety stock definitely required: 100 pairs year: 365 1,252 1,052 1,152 952
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