For the next seven questions, assume a safety stock level of…
For the next seven questions, assume a safety stock level of 40 and an order quantity of 800, along with the cost, annual demand, average demand, and average lead time information listed previously (which is repeated below): Annual demand = 5000 Holding cost = $4 / unit / year Working days per year = 200 days Order cost = $50 Average daily demand = 25 units Average lead time = 6 days The time between orders for this item would be (to the nearest integer)
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