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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 $150 per order, and the annual holding cost is 10 percent of the product cost. Annual demand for surgical kits is 3,600 and the purchase price is $200. Lead time for delivery is two weeks.
Assuming that there are 365 days per year, what is the reorder point if no safety stock is needed? (Round your answer to 2 decimal places.)

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