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The following information applies to Krynton Company, which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has
The following information applies to Krynton Company, which supplies microscopes to laboratories throughout the country. Krynton purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. Annual demand (weekly demand = 1/52 of annual demand)-62,000 units Orders per year - 60 Lead time in days 25 days Cost of placing an order - $140 What is the reorder point? (Assume a 365 day year.)
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