The Steel Works, Inc. is required to carry a minimum of 40 days’ raw s
The Steel Works, Inc. is required to carry a minimum of 40 days’ raw steel, which is 250 tons. It takes 15 days between order and delivery. At what level of steel would Steel Works reorder?
A) 3,750 tons
B) 600 tons
C) 667 tons
D) 344 tons
ANSWER
D
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