Owen-King Company sells optical equipment. Lens Company manufactures special glass lens. Owen-King Company orders 5,200 lens per year, 100 per week at $20 per lens. Lens Company covers all shipping costs. Owen-King Company earns 30% on its cash investments. The purchase-order lead time is 2.5 weeks. Owen-King Company sells 125 lens per week. The following data is available: 
What is the reorder point?
A) 220.5 lens
B) 312.5 lens
C) 397.5 lens
D) 415.5 lens
E) 561.9 lens
Correct Answer:
Verified
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