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mysttrr mysttrr
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6 years ago
A caf uses the perpetual inventory system. Long-grain white rice has a par stock of 150 and daily usage of 15.
 
  Management wants a safety net of 40 of rice in inventory on each delivery date, and it usually takes three days for the delivery to arrive once the order is placed. What is the reorder point and the reorder quantity?
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wrote...
6 years ago
reorder point is 85; reorder quantity is 110
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