A retailer has a usage rate of 11 units per day,a lead time of 6 days,and a safety stock level of 9 units for a popular floor lamp.Its reorder point equals 77 units.

Name: A retailer has a usage rate of 11 units per day,a lead time of 6 days,and a safety stock level of 9 units for a popular floor lamp.Its reorder point equals 77 units.
Brand: Quizplus
Rating: 4.9 (50 reviews)

Question

Quizplus · Accepted Answer

The reorder point formula is (Usage Rate * Lead Time) + Safety Stock. So, (11 units/day * 6 days) + 9 units = 75 units, not 77.

A Retailer Has a Usage Rate of 11 Units Per