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(15) A large retailer stocks a popular calculator for which the following information is
available:
Average sales = 75 per day
Maximum sales = 95 per day
Minimum sales = 50 per day
Lead time = 12 – 18 days
Re-order quantity = 1,750 units
Based on the data above, at what level of stocks would a replenishment order be
issued?
A 1,050
B 1,330
C 1,710
D 1,750
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