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Question 8 (2 points) You are the operations manager of a firm that uses the continuous review inventory control system. Suppose the firm operates 252
Question 8 (2 points) You are the operations manager of a firm that uses the continuous review inventory control system. Suppose the firm operates 252 days a year and has the following characteristics for its primary item: Demand =25,000 units/year Ordering cost =$10/ order Holding cost =$4/unit/ year Lead time =4 days Standard deviation in daily demand =7 units Service level =95%(z=1.65) What is the reorder point? (Please round your calculations to the nearest whole number.) Your Answer: Your
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