The Fine Garments Company wants to use a reorder point system.

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Question description

The Fine Garments Company wants to use a reorder point system. To allow for uncertainties in delivery and customer demand, it wishes to hold four weeks of demand as safety stock. What should its reorder point be if the delivery lead time is two weeks, based on the calculated order quantity?

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(Top Tutor) Daniel C.
School: Carnegie Mellon University
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