Calculate the re-order point

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Reference no: EM132273979

Brenda opens a pool and spa store in a lively shopping mall and finds business to be booming, but she often stocks out of key items customers want. She has the following information available:

Demand = 10 boxes per week Store operates 50 weeks/year

Order cost = $40/order Lead time = 3 weeks

Item cost = $80/box

Inventory-holding cost = 15% per year

Required

Calculate the EOQ

Calculate the Re-Order Point

Reference no: EM132273979

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