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The production demand for widgets for a 2 5 0 - workday year is 7 , 5 0 0 units. Ordering costs are $ 2
The production demand for widgets for aworkday year is units. Ordering costs are $ per order and carrying costs are $ per unit per year. Four days must be allowed between order placement and order receipt.
What is the reorder point, assuming known and constant variables?
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