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Using the data provided and given a constant demand, assuming a 365 day year and a desired safety stock of 10 units, what is the
Using the data provided and given a constant demand, assuming a 365 day year and a desired safety stock of 10 units, what is the reorder point rounded down to the next whole number.
Price = $100
Demand = 1,000
Ordering cost = $10
Interest = 5%
Holding cost = $0.50
Lag time = 7 days
A. 9 units
B. 19 units
C. 29 units
D. 34 units
E. can not tell from the information given
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