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Determine the reorder point

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Reference no: EM132419112

Problem: Barnes & Noble, a nationwide chain of bookstores, anticipates that annual demand for the paperback version of a best-selling novel will be 150,000 copies. It takes 20 days between when an order is placed and when the delivery is received. Barnes & Noble decides that it wants to maintain a 60-day safety stock of the novel to meet unexpected demand and possible shipment delays from the publisher.

Required: Determine the reorder point. Please explain your answer ASAP.

Reference no: EM132419112

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