Safety Stock. For Product 6E, ordered five times per year, stockout cost per occurrence is $80 and
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Safety Stock. For Product 6E, ordered five times per year, stockout cost per occurrence is $80 and safety stock canying cost is $3 per unit. Available options are: LO2 Units of Probability of Running Safety Stock out of Safety Stock 10 50%
20 40 30 30 40 20 50 10 55 3
Required: Compute the safety stock resulting in the lowest cost.
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Related Book For 
Cost Accounting
ISBN: 9780538828079
11th Edition
Authors: Lawrence H. Hammer, William K. Carter, Milton F. Usry
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