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KU MGM351 Online Summer 2018 Homework: Homework 8: Inventory Management (Chapter

ID: 435235 • Letter: K

Question

KU MGM351 Online Summer 2018 Homework: Homework 8: Inventory Management (Chapter 12) Score: 0 of 1 pt HW Score: 58 9796, 23 of 39 pts Problem 12.13 E Question Help Question Heip er andfor the notebook binde satur ans saticne yShopis 10,000unts DanaDuncan pera esherb ness 30 daysper year and finds th rom her supplier generally take 5 working days. Calculate the reorder point for the notebook binders that she stocks The reorder point for the notebook binders is units (round your response to the nearest whole number) Enter your answer in the answer box and then click Check Answer. ng

Explanation / Answer

Annual demand = 10000 units

Number of working days = 300

Demand per working day = 10000/300 = 33.333

Lead time = 5 working days

Reorder point = Lead time * Demand per working day = 33.333*5= 166.67 = 167(rounding off)