The cost of carrying per unit per year is 20 per cent of the purchase price. The

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The cost of carrying per unit per year is 20 per cent of the purchase price. The maximum delay in lead time is 2 weeks and the probability of this delay is 0.30. Assume a service level of 0.90.

(a) What is the reorder level if Q system is followed?

(b) If P system is followed, what is the maximum inventory level?

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