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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 a
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 - 30 Lead time in days - 16 days Cost of placing an order - $100 What is the reorder point? (Assume a 365 day year.) A. 1,560 units B. 2,067 units C. 3,875 units D. 2,718 units
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