Suppose that for a given inventory situation, average annual demand is 1,000 and the EOQ is 100.
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Suppose that for a given inventory situation, average annual demand is 1,000 and the EOQ is 100. Demand during a lead time is random and is described by the probability distribution in Table 12. For a reorder point of 30 units, determine SLM1 and SLM2.
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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