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If standard deviation is 10 units per week, lead time is 2 weeks, demand is 50 per week, lot size is lot - for - lot, and desired service level is 97.72%, what is the statistical reorder point?
a - 100.00
b - 112.6
c - 128.3
d - 221.7
In a manufacturing company the proper journal entry (without numbers) to record the purchase of direct materials would be:
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