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The annual demand for a product is 17,000 units. The weekly demand is 327 units with a standard deviation of 85 units. The cost to place an order is $31.00, and the time from ordering to receipt is two weeks. The annual inventory carrying cost is $0.10 per unit.

Find the reorder point necessary to provide a 99 percent service probability. (Round your answer to the nearest whole number.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92578786

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