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The local office supply store sells 600 reams of printer paper each year at a price of $2 per ream. It costs them $3 to order more paper and it...

11. The local office supply store sells 600 reams of printer paper each year at a price of $2 per ream. It costs them $3 to order more paper and it costs $1 per ream to store the paper. The store operates 300 days per year, and an order takes 3 days to arrive. How many reams of paper should be in each order (i.e. the EOQ)? What is the REORDER POINT at which they should place new orders? explain  the answer clearly by typed it not hand written

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