Determine the optimum inventory policy

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Reference no: EM13786340

Determine the optimum inventory policy(order quantity, reorder point, calendar days between orders, total annual inventory cost, and projected annual net profit) with the help of the following information:

daily demand:10

cost per unit: .8

selling price: $1.49

order cost: $25

lead time in days: 5

safety stock: 25

Reference no: EM13786340

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