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What is the reorder point for vita company

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Reference no: EM132982948

Vita Company sells glasses. Benz Company manufactures special glass lenses. Vita orders 16,640 lenses per year, 320 per week, at $40 per lens. Benz covers all shipping costs. Vita earns 22% on its cash investments. The purchase-order lead time is 3.0 weeks. Vita sells 315 lenses per week.

The following data are available:

Relevant ordering costs per purchase order $47.25
Relevant insurance, materials handling, breakage,
and so on, per year $5.50

Problem 1: What is the reorder point?

a.1318 lenses
b.1605.0 lenses
c.660 lenses
d.945.0 lenses

Reference no: EM132982948

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