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The materials manager must periodically place orders for resin. She knows that manufacturing uses resin at an annual rate of 1 6 0 0 0
The materials manager must periodically place orders for resin. She knows that manufacturing uses resin at an annual rate of kilograms, and that it costs $ per day to hold a kilogram of resin in inventory. She also knows that the order costs for resin are $ per order, and that the lead time is days. If the factory operates for days per year, what reorder point should be used to reorder resin? NB: Round to the nearest integer
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