A drugstore uses the fixed order interval model for many of the items it stocks. The manager

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A drugstore uses the fixed order interval model for many of the items it stocks. The manager wants a service level of .98. Determine tire order quantity for the following items if the order interval is 14 days and lead time is 2 days:

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Operations Management

ISBN: 978-0071091428

4th Canadian edition

Authors: William J Stevenson, Mehran Hojati

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Question Posted: Dec 17, 2015 06:04 AM

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A drugstore uses the fixed order interval model for many of the items it stocks. The manager

Question:

Average Daily Demand " KO Daily Standard Deviation Overt on an K033 K144 700 60 5 420 375 100 50 2

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Fixed Interval model SL 98 OI 14 days LT 2 ...View the full answer

Operations Management

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