asked 163k views
3 votes
Daily demand for a 60" LED TV is 98 TVs/day with a standard deviation of 4.0/day. Each TV costs $600/TV. Each order costs $1000/order with a annual holding cost of $10/TV. Desired service level is 99% and lead time is a constant 4 days. What is the optimal reorder point

asked
User Wspruijt
by
8.0k points

1 Answer

4 votes

Answer:

410.69

Step-by-step explanation:

See attached file

answered
User Shaharyar
by
8.1k points
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