Economic Order Point. Met Corporation reports the following data regarding one of its inventory items: Usage is 5,000 units per month, EOQ is units, and lead time is 1 2 month. The stockout acceptance...


Economic Order Point. Met Corporation reports the following data regarding one of its inventory items: Usage is 5,000 units per month, EOQ is units, and lead time is 1 2 month. The stockout acceptance factor is 1.29, which represents an acceptable stockout percentage of 10 percent.


Determine the economic order point.



May 05, 2022
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