(Answered) Annual demand for a firms product is 8655 and the company

Management Studies

Annual demand for a firm's product is 8,655 and the company has 284 working days per year. An order quantity of 714 is used. The constant lead time for the product from the supplier is 6 working days. What inventory reorder point (ROP) should the company establish? (round to the nearest integer)

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92020535
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Why is the labor demand for an individual firm in a

Why is the labor demand for an individual firm in a competitive industry more elastic than the labor demand for the entire industry?

In the pursuit of competitive advantage company employ the

In the pursuit of competitive advantage company employ the various components of the value equation extensively. Discuss and explain this statement.

Do state mandates of the coverage of in vitro fertilization

Do state mandates of the coverage of, in vitro fertilization and hearing aids have a cost? If so, what is the opportunity cost? what are the tradeoffs between the amount of coverage and the number of people covered?

Example of a company using forecasting for operations

Example of a company using forecasting for operations management in supply chain management

Discuss how the concepts of diminishing marginal utility

Discuss how the concepts of diminishing marginal utility and utility maximization serve to underpin the concept of demand and quantity demanded. Include examples in your response.

What are costcos key success factors ksfs which of the 11

What are Costco's key success factors (KSFs) ? Which of the 11 sociotechnical principles can be seen in Costco?

What should employers consider about compensation and

What should employers consider about compensation and benefits for successful recruitment of talented Gen Xers and millennials?

A very important client bob is in town and his expenses are

A very important client, Bob, is in town and his expenses are being covered by XYZ company. This client controls a large portion (over 50%) of the business XYZ company does each year. When he submits his expense report, ...

Is there any difference in terms of the information that

Is there any difference in terms of the information that could be provided to the decision maker by an IS that was created using HSM and an IS that was created using SSM?

Please advise strategies to integrate the innovation into

Please advise strategies to integrate the innovation into the business.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert