Suppose the following item is being managed using a fixed-order quantity model with safety stock. Annual demand
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Suppose the following item is being managed using a fixed-order quantity model with safety stock. Annual demand (D) = 1,000 units Order quantity () = 300 units Safety stock (SS)=40 units What are the average inventory level and inventory tum for the item?
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Operations Management For Competitive Advantage
ISBN: 1572
11th Edition
Authors: Richard B. Chase, F. Robert Jacobs
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