A newspaper publisher uses roughly 820 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is 6 workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 98 percent, if that stockout risk for various levels of safety stock is as follows: 1,400 feet, 10; 1,700 feet, .05; 1,900 feet, 02; and 2,100 feet, 01? Appropriate reorder point
(Answered) : A newspaper publisher uses roughly 820 feet of baling wire each day to secure bundles of newspapers while they are being distribut
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