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The materials manager of an ambulatory surgery center is looking to determine the appropriate order quantity and reorder points for customized surgical kits. Ordering custom
The materials manager of an ambulatory surgery center is looking to determine the appropriate order quantity and reorder points for customized surgical kits. Ordering custom surgical kits costs $ per order, and the annual holding cost is percent of the product cost. Annual demand for surgical kits is and the purchase price is $ Lead time for delivery is two weeks and the standard deviation during lead time is
Assuming that there are days per year and the desired service level is what is the new reorder point incuding the safety stock? Round your answer to decimal places.
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