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Determining the reorder point

Problem: K-Pro Automotive Shop purchases 120,000 oil filters annually which are sold at an average of 400 per day over the course of a year at its national retail outlets. If the annual holding cost is fifty cents per filter, and the ordering cost is $75 per order, what is the reorder point? (Assume 300 days in a year and a lead time of 4 days).

A 15 filters
B 400 filters
C 1600 filters
D 6000 filters

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Other Management: Determining the reorder point

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