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1. A local shop sells a special automobile part to local car dealers. The average demand rate is 10 per week and the demand is
1. A local shop sells a special automobile part to local car dealers. The average demand rate is 10 per week and the demand is steady. The holding cost per unit is $1 per week. The fix ordering cost is $50. When the inventory runs out, each backorder part will cost the owner $3 per unit per day. Determine the optimal backorder level (-ss)
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