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Compute the reorder point

Noble Manufacturing produces a component used in its production of clothes dryers. The time to set up and produce a batch of the components is two days. The average daily usage is 320 components, and the maximum daily usage is 375 components.

Required:

Compute the reorder point assuming that safety stock is carried by Noble Manufacturing. How much safety stock is carried by Noble?

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Finance Basics: Compute the reorder point

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Compute the reorder point

Reference No:- TGS0677965

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Calculate a minimum cash balance on november 30

Q : Reorder point for small casings

Q : Determine the expected cash collections by month

Q : What is the equivalent interest rate by paying yearly

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Q : Calculate the total incremental cost will martinez incur

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Compute the reorder point

Reference No:- TGS0677965

Recent Questions Asked Finance Basics

Q : Calculate a minimum cash balance on november 30

Q : Reorder point for small casings

Q : Determine the expected cash collections by month

Q : What is the equivalent interest rate by paying yearly

Q : Compute the reorder point

Q : Calculate the total incremental cost will martinez incur

Q : Estimating the annuity amount

Q : Find cost of stereo if down and monthly payments is given

Q : Ability to hold the bonds until they matured

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