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Red Corporation uses the reorder point model to plan its purchases. It sellsitssole product at the following daily amounts: Minimum=30,000; Average=40,000; Maximum=60,000. Its supplier takes 3 days on average and 4 days maximum to deliver the order. The-reorder point would be  A. 240,000 B. 160,000 C. 120,000 D. 90,000

Red Corporation uses the reorder point model to plan its purchases. It sellsitssole product at the following daily amounts: Minimum=30,000; Average=40,000; Maximum=60,000. Its supplier takes 3 days on average and 4 days maximum to deliver the order. The-reorder point would be  A. 240,000 B. 160,000 C. 120,000 D. 90,000

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Red Corporation uses the reorder point model
to plan its purchases. It sellsitssole product
at the following daily amounts:
Minimum=30,000; Average=40,000;
Maximum=60,000. Its supplier takes 3 days
on average and 4 days maximum to deliver
the order. The-reorder point would be 

A. 240,000
B. 160,000
C. 120,000
D. 90,000

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